US Business

U.S. officials have described technology used in its Notice to Air Missions, or Notams, alert system as “failing vintage hardware” that needs replacing.

The breakdown in its pilot-alert system was the result of damage to a data file by personnel, according to a preliminary analysis.

The airline said it is working with General Electric on a fresh version of the system it uses to reassign pilots and flight attendants during storms and other disruptions.

Activist investor Nelson Peltz doesn’t think the Walt Disney Co.’s board leadership change will shift the company’s direction, according to people familiar with the matter. 

The Federal Aviation Administration lifted its ban on domestic flight departures across the U.S. following an overnight outage.

Trian Fund Management plans to mount a proxy fight for a seat on Walt Disney’s board, adding to the challenges for CEO Robert Iger.

Verily Life Sciences is laying off the employees as part of a broader reorganization, the first major staff reductions to hit Google’s parent following a wave of other tech layoffs.

Publisher Penguin Random House said the memoir racked up the largest first-day sales total for any nonfiction book it ever published.

The bankrupt cryptocurrency exchange said it has located more than $5 billion in cash and other liquid assets and is hoping to sell additional assets with a book value of more than $4 billion.

The closely followed race comes after decades of Boeing’s almost-uninterrupted dominance of the commercial aircraft market.