Following the Air India crash involving a Boeing 787-8 Dreamliner in Ahmedabad, attorneys for Boeing whistleblower Sam Salehpour are urging the FAA to release its findings on alleged structural defects in Boeing's 787 aircraft. Salehpour had previously raised concerns about the integrity of Boeing's 787 and 777 planes, prompting an FAA investigation.
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Tensions escalate as Iran launches a missile barrage on Israel, retaliating for Israeli strikes on Iranian nuclear sites and the killing of military commanders. Explosions rocked Jerusalem and Tel Aviv, with many missiles intercepted. Iran's Revolutionary Guard claimed responsibility, targeting Israeli military positions. The US had cautioned against strikes that could derail nuclear negotiations.
Amazon is forcing thousands of corporate employees to relocate to major hubs like Seattle, Arlington, and Washington DC. Employees receive 30 days to decide and 60 days to relocate or resign without severance. The mandate coincides with CEO Andy Jassy's warning that AI will shrink Amazon's workforce, potentially prompting voluntary departures as a cost-cutting measure.
Three Foxconn employees faced prison sentences for leaking iPad 2 design details to Shenzhen MacTop Electronics before its release. In exchange for digital images, MacTop offered money and product discounts, gaining a competitive advantage in accessory production. Apple's aggressive stance on secrecy persists despite ongoing leaks due to its vast supply chain.
Amidst escalating tensions between Israel and Iran, the Indian government initiated Operation Sindhu, safely evacuating Indian nationals from the Middle East. A flight carrying 290 students, mainly from Jammu and Kashmir, landed in Delhi from Mashhad, Iran, after Tehran opened its airspace. Approximately 1,000 Indians are expected to return, with additional flights scheduled.
A White House meeting between President Trump and Field Marshal Asim Munir has ignited speculation about a potential US-Pakistan realignment. Discussions centered on counter-terrorism, trade, and regional stability, with Trump reportedly seeking Pakistan's assistance regarding Iran in exchange for economic and military support. This move could reshape South Asia's power dynamics, impacting India's regional influence.
India's apparel exports are experiencing robust growth, driven by Western buyers seeking alternatives to Bangladesh and China. A significant 11.3% year-on-year increase in May signals a recovery from post-pandemic stagnation. Duty advantages over China and political instability in Bangladesh are further fueling this surge, presenting a major opportunity for Indian manufacturers in the US market.
Following Israel's attack and Iran's airspace closure, flights between India and the West are facing significant disruptions. Air India flights are being diverted or returning to their origin, impacting routes to and from cities like London, New York, and Delhi. With both Pakistan and Iran as no-fly zones, Indian carriers will have to take longer routes to reach Central Asia.
US President Donald Trump expressed his condolences following the Ahmedabad plane crash, calling it a “horrific crash.” He offered immediate American assistance to India, emphasizing their readiness to help. Trump speculated on the possible cause, suggesting potential engine failure while acknowledging the ongoing investigation.
Phoebe Gates, daughter of Bill Gates, has launched Phia, an e-commerce app co-founded with Sophia Kianni. The platform utilizes AI to compare prices across numerous websites, offering users a comprehensive view of both new and second-hand fashion items. Bill Gates initially expressed concern about potential financial requests and involvement but ultimately supported Phoebe's entrepreneurial endeavor.
Israeli Prime Minister Benjamin Netanyahu declared strikes on Iran, targeting nuclear and military sites, aiming to disrupt Iran's nuclear program and potentially weaken the ruling regime. These actions, beyond nuclear facilities, targeted military commanders and nuclear experts, potentially destabilizing the Iranian government.