time for a look at the business news now. we the business news now. have growth on the agendi we start in the us where we ve learned today than the world s largest economy grew by an annualised rate of 3.3% in the last three months of 2023. the growth figure was higher than expected. as always the big question is how this will feed into the us central bank the federal reserves next move on the cost of borrowing. michelle fleury is in new york for us. take us into the detail of the growth figures to begin with. where did this surprisingly high figure come from? $5 did this surprisingly high figure come from? did this surprisingly high figure come from? ~ , i. ., come from? as you said, in the final three months come from? as you said, in the final three months of come from? as you said, in the final three months of last come from? as you said, in the final three months of last year come from? as you said, in the final three months of last year on - come from? as yo
if you look at the headline numbers. it suggests that results are mixed. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, monetisation and capital expense. they look at monetisation, for example, across the board, we are seeing revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for al is still think is intact. we think that any excess correction is a buying opportunity. what is the implication of these big tech companies pushing more to monetise their investment into ai? what are the implications for us as consumers? i think at the end of the day, we think that given how intensive it is, we believe that it is getting bigger, so we
at their record high today. but will the european central bank signal lower borrowing costs are on the way? bag pipes skirl. paying the piper! as scots everywhere celebrate burns night, we ll be speaking to one whose playing has bagged a global following. yes we have bagpipes in this programme. we start in the us where air safety chiefs have cleared a path for boeing 737 max 9 jets to return to the skies after dozens were grounded when a cabin panel blew off mid flight, forcing an emergency landing. the federal aviation administration says the jets can fly again once approved inspections are done. but in a blow to boeing, the faa says it won t allow any ramp up in production of the 737 max until it s satisfied about the company s quality control. earlier on wednesday, boeing s chief executive faced senators in washington. our north america business correspondent erin delmore reports. the boss of boeing said he understood the seriousness of the safety questions facing the co
of our planes. the embattled boeing ceo is trying to reassure airlines, regulators and passengers after a near catastrophic alaska airlines incident earlier this month. it saw a cabin panel blow off a brand new 737 max 9 jet. since then about 171 max 9 jets have been grounded. mr calhoun did not comment on an anonymous report posted online by someone claiming to work at boeing, calling the aircraft s production process a rambling, shambling disaster waiting to happen. this week united airlines ceo scott kirby called the max nine grounding the straw that broke the camel s back for us, saying united is considering fleet plans that don t include the latest boeing 737 max 10 model. united and alaska airlines utilise around two thirds of all boeing max 9s in flight and alaska air group reports their fourth quarter earnings on thursday. meanwhile boeing has delivered a 737 max to china. it marks the end of an almost five year freeze. it represents a vote of confidence to the us p
despicable. we shall respond. we ll have the very latest. also tonight, border battle. it s been the simple request of americans, whether you re republican, democrat, or independent, people just want a secure border. senators zero in on a bipartisan deal aimed at curbing illegal migrant crossings and expediting the asylum process. look, this is a painful compromise. this is a tough bill. weather whiplash. after a sudden thaw, snow returns to the northeast, and the west coast set for a new soaking. the full forecast straight ahead. deepening mystery. what happened to three kansas city men found dead, frozen in their friend s backyard? in california, a retired space shuttle is ready for a final lift. i m elise preston in los angeles, where endeavour is set to soar again after a big move. and later we head to route 66 to meet a man with a history lesson and drawing crowds with something sweet donuts. i m just thankful that we were given the opportunit