Nigerian Startup Bets Big on Drones
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Investors wake up to the merits of sleep biotech
More people worry about poor sleep than excess weight, but drugmakers have been deterred from entering the market by costs
On yer bike! Freud and middle-aged men in Lycra
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Wasting China’s solar panel surplus is madness
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Are US Treasuries becoming a financial chokepoint?
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Indonesian Officials Vow Again to Steady Rupiah, Draw Funds
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Here’s what’s worth streaming in June 2026 on Netflix, Hulu, HBO Max and more
HBO’s ‘House of the Dragon,’ Hulu’s ‘The Bear’ and Apple’s ‘Cape Fear’ will try to compete with the World Cup
S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff
A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.
Boeing to start 737 Max production on new assembly line July 6, CEO says
Livestream Menu Boeing will begin building new 737 Max airplanes on July 6 at a final assembly line it's opening north of Seattle. The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month. CEO Kelly Ortberg spoke with CNBC on Friday. Boeing is currently building 47 Maxes per month after ramping output from 42 a month earlier this year. While Boeing wants to build and deliver more 737 Max planes, its production is capped , which put limits on its manufacturing after a door plug blew out on an Alaska Airlines plane in January 2024. That incident prompted lengthy reviews of safety and quality issues in the manufacturing process at Boeing. "We're trying to reset that track record, and I think we've done a good job as we've come back up here in the last 18 months and increased rate, and we've done it differently," Ortberg said. "We've made sure that we're not moving until the production system is stable. We're not pushing work down the production line like we were before. So I think that gives us all optimism." Ortberg and Boeing leadership have set a long-term goal for Max production of 63 per month, if the supply chain can support the increase. The new assembly line will start with production of the 737 Max 10, a stretch version of the single aisle plane that is expected to be certified , clearing the way for the first 737 Max 10 deliveries.
Broadway's $1.9 billion season is the latest sign of consumers splurging on experiences
Livestream Menu The 2025-2026 Broadway season generated nearly $1.91 billion in ticket sales, a new record. This comes ahead of Sunday's Tony Awards, which often lead to further ticket sales for winning shows. The industry's growth is increasingly being driven by high-priced plays featuring major celebrities rather than traditional blockbuster musicals. Daniel Radcliffe takes a bow onstage during curtain call at "Every Brilliant Thing" Opening Night at Hudson Theatre on March 12, 2026 in New York City. Theo Wargo | Broadway just wrapped its highest-grossing season on record, offering another sign that consumers are willing to spend on experiences even as concerns about inflation and economic uncertainty linger. The 2025-2026 show season topped the prior year's record and generated nearly $1.91 billion in ticket sales, according to industry data from The Broadway League. "Even in a challenging economic environment, Broadway remained notably on par with last season, reflecting both the resilience of this industry and the connection audiences feel to these productions," said Jason Laks, president of The Broadway League, in a press release. Adjusting for the extra week that was included in the prior season, Broadway grosses this year rose 3.5%, attendance increased 1.8% and average ticket prices climbed 1.7%. This comes ahead of Sunday's Tony Awards, setting a high-stakes background for the industry's biggest night. The awards often lead to further ticket sales for winning shows. While consumers have pulled back in some discretionary categories, demand for live entertainment has remained remarkably strong — from concerts and sporting events to theater. The New York Fed's beige book has made explicit mentions of Broadway nearly a dozen times over the last two decades as an economic indicator, most recently in April saying "ticket sales remained strong." But Broadway's record year highlights a growing question: Have live performances become too expensive to balance rising production costs? The average Broadway ticket cost $131 this season. For a family of four attending a musical, tickets alone can easily exceed $500 before accounting for transportation, meals and other expenses. In many cases, premium seats cost significantly more. At higher rates, the total expenses start to rival a one-day trip to Disney World for a family of four. The industry's growth is increasingly being driven by high-priced plays featuring major celebrities rather than traditional blockbuster musicals. The 2025-2026 season opened 35 new productions: 12 musicals, 21 plays, and two specials. A revival of "Every Brilliant Thing" starring Tony-nominated Daniel Radcliffe led ticket sales. It's a similar trend to last season's box office, which was led by limited-run plays starring Hollywood names like George Clooney, Denzel Washington and Jake Gyllenhaal.