Browsing: Boeing

The tech bubble is popping, but not in the way anyone expected. After years of fretting that free-spending start-ups with unrealistic valuations would bring down the start-up economy on its own, a global pandemic is doing it in instead.

Toyota is making a $394-million investment in Joby Aviation, one of the handful of companies with the seemingly implausible goal of making electric air taxis that shuttle people over gridlocked highways and city streets.

US aviation regulators have signalled their confidence in the safety of Boeing’s embattled 737 Max jetliner, issuing a global notice of “continued airworthiness” a day after the model’s second deadly crash in less than five months.