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Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.

Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is staking its future on private brands.The different directions are part of companies’ bids to stem steep subscriber losses in recent months and declines in their stock-market valuations. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Rent the Runwayis betting that clothing from

'This Has Been Going on for Years.' Inside Boeing's Manufacturing Mess.

Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane midflight. Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane midflight. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Human vs Machine: Is Artificial intelligence job creator or terminator? Experts assess sector-wise impact

However, there is no straightforward answer to the question of the overall number of opportunities AI will create in comparison to the number of jobs it will end or change. Maggioncalda highlighted the need to look at this through the lens of specific sectors. Speaking on AI's impact on Coursera hiring, he said that it has only opened doors for more hiring, mostly for a developers' profile. Maggioncalda also highlighted that AI is helping eliminate the parity of capabilities…

Dextrous Robotics closes up shop

Memphis-based Dextrous Robotics is calling it a day. The news, noted by the Robot Report, was confirmed by the warehouse robotics firm’s CEO, Evan Drumwright, on LinkedIn. The executive spells out the company’s fate at the top of the post, noting, “Put simply, we adopted an aggressive trajectory 18 months ago that the recent investment market didn’t support. We became insolvent as a result.” Even in immaculate economic conditions, launching a startup is something of a fool’s errand — that’s doubly the case with…

FAA Formally Notifies Boeing of Investigation Following MAX 9 Incident

Jan. 11, 2024 12:53 pm ETFederal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane.The Federal Aviation Administration said Thursday that it had notified Boeing of the investigation, which will determine if the company failed to ensure products were safe and met approved designs.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Jan. 11, 2024 12:53 pm ETFederal regulators have formally notified Boeing

Airbus Shatters Record for Jet Orders as Demand Soars

Updated Jan. 11, 2024 2:43 pm ETLONDON—Airbus, the world’s biggest plane maker, smashed its near-decade old record for the highest number of orders in a single year, as airlines scramble to secure the limited availability of new aircraft.The company said it had booked 2,319 gross orders last year, more than twice the number in 2022 and 29.1% higher than its 1,796 record set in 2014.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 11, 2024 2:43 pm ETLONDON—

D-Orbit raises $110M to reach new heights in space logistics services

Logistics has become the cornerstone of how so much works on earth — we may order things online, but ultimately we need to get products and ourselves from A to B — and some believe that logistics models will be even more important in the remote realms of space. Now, a startup has landed a big round of funding to tap that opportunity. D-Orbit, an Italian startup that provides an array of logistics services for companies operating satellites and other services in space, has raised €100 million ($110 million) in a…

Boeing CEO Says Company Needs to Acknowledge ‘Our Mistake’

Updated Jan. 9, 2024 5:07 pm ETBoeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that has resulted in roughly 170 of its planes being grounded and spooked its customers. “We are gonna approach this—No. 1—acknowledging our mistake,” Calhoun said Tuesday in an address to employees just days after the incident on an Alaska Airlines flight. “We’re gonna approach it with 100% and complete transparency every step of the way.”Copyright ©2024Dow Jones

Alaska Airlines Blowout Reveals Cockpit Door Vulnerability on Boeing Jet

After an emergency exit-sized hole opened in the side of Alaska Airlines Flight 1282 at 16,000 feet, a separate chaotic episode erupted when the cockpit door mysteriously flew open.That meant the pilots were subjected to the deafening wind and noise from the back of the plane—and also made the cockpit accessible to anyone inclined to try to force their way in.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 After an emergency exit-sized hole opened in the side of

Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief

Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles.The fashion subscription company on Tuesday said the turnaround plan comes with the resignation of Anushka Salinas as operating chief and president, effective Jan. 31.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Rent the Runwayis putting in place another restructuring plan that includes cutting about 10% of its corporate roles.The fashion