Nearly a year after the second deadly crash of a Boeing 737 Max jet, the fastest-selling airplane in Boeing's history remains grounded. Consumer advocate Ralph Nader, whose grandniece was killed in that disaster, said that even once the plane makes it back to the skies, he won't fly in it.
"Anytime when you have excessive automation taking the plane's control away from the pilots, passengers have got to be very concerned with that," he told Cheddar on Monday. "One of the problems with all of these new planes is excessive automation."
Automation is, at least in part, to blame for the Lion Air crash that killed 189 and the Ethiopian Airlines crash that claimed 157 lives.
The Maneuvering Characteristics Augmentation System (MCAS) has been cited as one of the main factors both planes crashed. A new report about the March 10, 2019, Ethiopian Airlines flight that prompted the plane's grounding showed design flaws accounted for the catastrophic failure, not pilot error or airline performance.
But Nader said the glitches aren't the only problems he's concerned about. "More and more problems beyond the MCAS software glitch and snitch have emerged," he said.
He said Boeing contributing to Congressional campaigns, "freebies all the airlines give to senators and representatives," and cuts to Federal Aviation Administration budgets contributed to the regulatory agency's decision to shift certification to Boeing, itself.
The FAA came under scrutiny when, following the crashes, it became public that the agency had delegated responsibility to the company for testing the jet.
"It went from a regulatory agency to a delegating agency," he said. "Now they gotta pull it all back."
In the meantime, the jet remains grounded and Boeing stands to lose an estimated $18 billion while the plane's timeline for return remains unclear.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
