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How do we solve a problem like Boeing?
  + stars: | 2024-03-13 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
New York CNN —It took decades for Boeing to build a reputation as one of the most reliable companies on the planet. The latest headache for Boeing came Monday, when a 787 Dreamliner flying from Australia to New Zealand plunged suddenly mid-flight, injuring several passengers. It’s not clear what, if any, culpability Boeing has here — it said it’s gathering information about what went wrong. So, how do we solve a problem like Boeing? “This can be really as big as a financial crisis,” considering how many businesses around the world rely on Boeing planes.
Persons: CNN Business ’, Tesla, Brian Jokat, it’s, can’t, ” Gad Allon, , ” Allon isn’t, Matt Stoller, ” Stoller, that’s, “ There’s, ” Allon Organizations: CNN Business, New York CNN, Boeing, American, Regulators, Latam Airlines, CNN, Wall Street Journal, FAA, Airbus, Pilots, University of Pennsylvania’s Wharton School of Business, American Economic Liberties, Boeing isn’t Locations: New York, Australia, New Zealand, American
CNN —Airbnb on Thursday sued New York City over its restrictions on short-term housing rentals, in a legal dispute that pits the company’s concerns about its ability to operate in a key market against the city’s efforts to address an affordable housing crisis. The San Francisco-based tech company sued New York City over the Short-Term Rental Registration Law, a local ordinance passed in 2022 and set to begin being enforced next month. The law requires short-term rental hosts in the city to register with the mayor’s office, disclose who else lives on the property and agree to comply with other city codes. Three Airbnb hosts in New York City also filed a companion lawsuit against the city. The lawsuit is the latest example of Airbnb clashing with officials in New York City and New York State over the past decade.
Persons: CNN — Airbnb, Airbnb, ” Airbnb, Jonah Allon, ” Allon Organizations: CNN, New York, New York State Locations: New York City, San Francisco, , Manhattan, New York
For years, Apple has relied on a vast manufacturing network in China to mass produce the iPhone, iPad and other popular products found in households around the world. “Apple would not be the company that it is today without China as a manufacturing base,” said Eli Friedman, a professor at Cornell University whose research focuses on labor and development in China. Apple CEO Tim Cook, who helped build the company’s global supply chain, acknowledged the unique manufacturing strengths of China in one 2015 interview. Labor costs in China, while on the rise over the past decade, are also “artificially cheap because of political repression against labor organizers,” according to Friedman. Another key element to why Apple “is really reluctant to rock the boat with China is that China is also a massive market for Apple,” according to Wharton’s Allon.
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