Business
In a court filing, America’s Justice Department revealed that Boeing would plead guilty to misleading air-safety regulators about its 737 MAX aircraft ahead of two fatal crashes in 2018 and 2019. The agreement rips up a previous settlement from 2021 in which Boeing admitted that two employees had misled regulators. The government believes Boeing has failed to comply with that settlement. There have been a number of safety incidents this year, including a door plug that blew off a 737 MAX upon take-off. The families of the crash victims are not happy. By pleading guilty, Boeing avoids the glaring publicity of a trial.
Microsoft has reportedly given up its board seat at OpenAI amid scrutiny from competition regulators about the pair’s partnership. Microsoft holds a minority economic interest in the developer of ChatGPT. Apple has also decided not to join OpenAI’s board as an observer, according to reports. Apple recently struck a deal to incorporate ChatGPT into its new operating system.
This article appeared in the The world this week section of the print edition under the headline “Business”