How airlines are handling the Boeing fiasco
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 26 January 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
The Federal Trade Commission has launched an inquiry into the partnerships between Big Tech cloud providers and generative AI companies, the European Central Bank is keeping rates on hold, and Boeing’s problems are having a ripple effect on the broader airline industry. Plus, take a sneak peek at a new show we’re launching called Swamp Notes!
Mentioned in this podcast:
Donald Trump wins New Hampshire primary but Nikki Haley vows to fight on
American Airlines chief says Boeing’s quality problems ‘unacceptable’
Christine Lagarde says ‘disinflation process is at work’
Big Tech’s AI partnerships draw inquiry from FTC
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | Good morning from the Financial Times. Today is Friday, January 26th, and this is your |
| 0:16.7 | FT news briefing. U.S. regulators want to peak under the hood of big tax investment into AI. |
| 0:24.4 | And the head of Europe's Central Bank says inflation is headed in the right direction. |
| 0:29.0 | Plus, major US Airlines are furious with Boeing. |
| 0:34.0 | American Airlines Chief Executive Robert Isham told analysts on Thursday |
| 0:39.2 | that the airline is going to hold Boeing accountable. |
| 0:42.3 | He said Boeing needs to get their act together. |
| 0:45.0 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:51.0 | U.S. Federal regulators have a new target and its big tech's |
| 0:57.1 | bromance with artificial intelligence. The Federal Trade Commission said yesterday |
| 1:01.8 | that it's launching an inquiry into partnerships |
| 1:04.2 | between cloud providers and generative AI companies. |
| 1:08.3 | The move targets five huge players, Tech Giants Amazon, Microsoft, and Google, and startups, anthropic and open |
| 1:16.1 | AI. |
| 1:17.1 | These tech companies have dumped billions of dollars into the startups, and the FTC wants to investigate potentially |
| 1:24.0 | anti-competitive behavior. The companies will have 45 days to respond to the |
| 1:29.0 | inquiry. U.S. Airlines are taking a big hit from the latest problems at Boeing, |
| 1:40.0 | and yesterday some major carriers predicted substantial profit losses |
| 1:44.3 | because of issues with the American aircraft maker. |
| 1:47.5 | It all stems, of course, from a midair accident earlier this month on an Alaska Airlines flight. |
... |
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