The crash of Ethiopian Airlines Flight 302 killed all 157 people aboard. It was the second fatal accident involving Boeing's best-selling jet, the 737 Max. After Sunday's disaster outside Addis Ababa, some airlines grounded the plane, though the FAA said it remains airworthy. Still, Boeing stock suffered its biggest decline since the Sept. 11 attacks.—Josh Petri Here are today's top storiesBoeing will face many questions in the coming days, but one looms above the rest no matter what the FAA says: Is the 737 Max safe to fly? President Donald Trump released his new budget proposal, seeking $8.6 billion for building a border wall. Congress says it's dead on arrival. Tired of waiting for the administration's promised infrastructure plan, states are raising money to "fix the damn roads" themselves. The global economy’s sudden loss of momentum through 2018 has left the pace of expansion at its weakest since the global financial crisis. Tesla's about-face on its decision to shutter stores and slash prices raises questions about management decisions at the electric carmaker. Looking for a bellwether in the $100 million consumer DNA-testing industry? One company makes almost all the test spit tubes, Bloomberg Businessweek reports. Media giants are just beginning to realize what Netflix already knows: Streaming is expensive. What's Joe Weisenthal thinking about? The Bloomberg news director will be keeping a close eye on economic data over the next few days. After last week's mediocre jobs number, many will be looking for more signs that the economy is decelerating. What you'll need to know tomorrowA tech rally Monday powered the best stock surge since January.Airlines need to fix their pollution problem, because it's getting worse.Amazon's Alexa has 80,000 apps—and no runaway hit.The founder of Studio 54 wants to make Times Square cool.Caracas began going dry Monday.Theresa May is still trying. She's in Strasbourg for Brexit talks.Trump and China's Xi Jinping have yet to set a date for their summit. Sponsored by SimpliSafe Fear Less With Award-Winning Home Security. SimpliSafe is the top-choice security system of CNET, PCMag, and Wirecutter. Built for the unexpected, SimpliSafe stands up to blackouts, blizzards, and break-ins. Because fear has no place in a place like home. Order now for free shipping. What you'll want to read tonightThe world’s biggest democracy will soon hold what’s likely to be one of the world’s costliest elections. India’s six-week-long vote will send poll workers trekking through the Himalayan range in the north, to the Indian Ocean in the south, across the Thar desert in the west and through the mangroves of the Sundarbans in the east. Like Bloomberg’s Evening Briefing? Subscribe to Bloomberg.com. You’ll get our unmatched global news coverage and two premium daily newsletters, The Bloomberg Open and The Bloomberg Close, and much, much more. See our limited-time introductory offer. Diversity is a business issue. Sign up now for our weekly Business of Equality newsletter to get the latest on how companies and institutions are confronting issues of gender, race and class. Download the Bloomberg app: It’s available for iOS and Android. |