NTSB to probe Boeing oversight in 737 Max door plug blowout
The NTSB will hold a two day hearing into FAA oversight of Boeing and the 737 Max door plug incident on Alaska Airlines flight 1282 in January. Boeing and Spirit AeroSystems described safety systems while union leaders questioned real world action. FAA chief Whitaker said oversight has become more hands on, but he will not testify. Flight 1282 departed Portland, a hole opened, oxygen masks deployed, no serious injuries reported.
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Titan Submersible Disaster Suit Claims $50 Million Damages
The family of French explorer Paul-Henri Nargeolet files a $50 million-plus lawsuit against OceanGate alleging terror and mental anguish as the Titan submersible imploded near the Titanic site in June 2023. The suit accuses the operator of gross negligence and seeks answers about vessel flaws and concealment.
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Wall Street slips after morning rally fades
U.S. stocks fell on Wednesday with the S&P 500 down 0.8 percent and the Dow off 234 points as Nvidia swung from a 4.4 percent gain to a 5.1 percent loss. Nvidia and other Big Techs faced pressure after a big AI rally, while Super Micro Computer tumbled 20.1 percent on weak profit despite 143 percent revenue growth. The market sought calm after a prior 1 percent S&P rally ending a three-day slide, as Japan’s rate move added global volatility reflecting concerns about the U.S. economy.
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NASA weighs SpaceX option as Starliner risks rise
NASA officials weigh switching to SpaceX for a crew return if Starliner safety concerns persist. Two astronauts, Butch Wilmore and Sam Williams, could remain on the ISS through an eight month stay with Starliner returned empty. Boeing defends Starliner while NASA analyzes thruster failures and helium leaks, aiming for a mid August decision.
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