Dan Schwartzman

The move is a key step for the company to improve profitability and generate much-needed cash.

The output is currently capped at 42 737 MAX jets a month.

Boeing shares rising by as much as 3.7% on the news.

CEO Kelly Orbrook, speaking at the Bernstein Strategic Decisions Conference, talked about another sector of the company seeing growth.

That's Boeing CEO Kelly Ortberg speaking at the Bernstein Strategic Decisions Conference.

Two people are now confirmed dead as emergency crews resume searching for missing workers after a tank imploded at a paper mill in Washington state.

Officials say there is no hope of finding any more survivors after the release of a chemical mixture used to break down wood to make craft paper.

Crews have had to first stabilize the tank, which could potentially collapse further.

Authorities say, though, there is no threat to the local community.

U.S.

mortgage rates increasing last week to the highest since August.

The contract rate on a 30-year mortgage rose nine basis points to 6.65 percent in the week ended May 22nd.

That's according to Mortgage Bankers Association data.

Since the start of the Iran war at the end of February, the rate has climbed more than a half percentage point.

Robinhood Markets customers will shortly be able to direct AI agents to trade equities and make purchases on their credit cards for them.

Clients will be able to establish an agentic trading account that's entirely separate from their standard portfolio, limiting the funds an agent can access to only those deposited.

The investors can then direct the AI agent to build a diversified portfolio from scratch.

Robinhood has already been using AI to enhance some products, such as in its wealth management area.

Business executives in Switzerland are becoming alarmed as a country will vote on June 14th on a plan to cap its population at 10 million people, which would require a massive reduction in immigration.

The population of Switzerland is already at over 9.1 million people.