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A Boeing review found that CEO David Calhoun and other top executives took personal trips worth more than $500,000 on the company’s private jets and other planes that were improperly recorded as business travel
Once seen as America’s greatest economic challenger, Japan is now looking to work together by appealing directly to US executives to invest in the country’s emerging tech sectors including artificial intelligence (AI), semiconductors and clean energy.
(Bloomberg) -- Japanese Prime Minister Fumio Kishida urged American business executives to boost investment in Asia’s second-largest economy tied to key technologies such as semiconductors, artificial intelligence and quantum computing.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataIran’s Better, Stealthier Drones Are Remaking Global WarfareTrumpism Is Emptying ChurchesUkraine Says It’s Behind
Fumio Kishida says that in areas like semiconductors, AI, quantum computing and biotech, it is ‘increasingly important for the two countries to build resilience’ as the two allies work to counterbalance China.
Dave Calhoun had been under fire for some time, in large part due to public failures on the commercial side of the company.