Weekend Business News Roundup July 27, 2024

It’s the summer of recalls. Ice cream, coffeeand hot dogs have been pulled from grocery store shelves, and now the Food and Drug Administration (FDA) has announced a recall of several fresh produce products. – Bruce Gil Read More

With interest rates sitting at more than two-decade highs and inflation continuing to bear down on consumers, big banks are preparing to face more risks from their lending practices. – Rocio Fabbro Read More

Boeing just announced some big orders for some of its biggest planes. The planemaker said Monday that it had secured orders for up to 80 of its 787 Dreamliner and 777 double-aisle planes from Japan Airlines and Korean Air. After French rival Airbus had moved in on the carriers during the initial fallout from Boeing’s 737 Max door plug blowout in January, the bookings suggest the U.S. manufacturer isn’t taking the incursions lying down. – Melvin Backman Read More

Where someone chooses to retire is a major life decision. Affordability, weather, and community are all important factors that incoming retirees have to weigh when deciding where to settle down — especially if they are relocating. – Rocio Fabbro Read More

The crew of the Boeing CST-100 Starliner just got a hint of good news about coming home. Earthbound testing of the spacecraft’s thrusters, which have kept it stuck in space since early June, was recently completed. Boeing and NASA had been waiting until those tests were done to begin planning for the vessel’s return trip. – Melvin Backman Read More

The millennial-skewed telehealth platform Hims & Hers announced Monday that it has added Kåre Schultz, a longtime Novo Nordisk executive, to its board of directors. – Bruce Gil Read More

There’s something to be said for wanting to stand out from the crowd, but we can’t pretend everyone wants to be different. Especially when it comes to something as expensive as a carmost people just want something that works, doesn’t break, keeps them safe and is generally comfortable on their way from point A to point B. And that’s OK! – Collin Woodard / Jalopnik Read More

South Korea-based SK Hynix is getting a boost from the generative artificial intelligence boom

The cybersecurity company behind Friday’s massive global tech outage was downgraded by an analyst at Guggenheim on Monday