Ordered the plane out of the air after two incidents where lithium ion batteries overheated. Boeing says it is confident the 787 is safe and says it stands behind the planes overall integrity. This is only the second time in more than 30 years that regulators have grounded a plane. Darren gersh reports. Reporter boeing has spent more than 30 billion developing the 787 dreamliner. One reason for the high cost is boeings decision to upgrade the hydraulics and other mechanical systems with nextgeneration technology that runs on electricity. Youve got generators on board the aircraft that are powering the systems directly with electricity. That, of course, means a lot more juice is flowing through the plane. It also means you need more powerful batteries as backup systems. Reporter investigators from the federal Aviation Administration and National Transportation safety board are working with their counterparts in japan to try to determine whether a manufacturing defect caused the battery
Shares of the Third Largest cruise line operator in the u. S. , skyrocketed more than 30 , from its 19 opening price. As erika miller reports, thanks to the bullish run in the stock market it could be full steam ahead for i. P. O. S. Reporter although 2012 was not exactly a banner year for initial public offerings, Investment Bankers expect things to improve this year. 8 of Capital Markets executives think there will be a substantial gain. 42 see a modest increase. But still one in five expect fewer companies to go public. This is according to a recent survey by Consulting Firm b. D. O. For i. P. O. S, much depends on what happens to the u. S. Stock market. The i. P. O. Market is very schizophrenic. The window for offerings opens and closes very quickly depending on sentiment in the marketplace. Companies going public are expected to raise a total of about 34 billion this year, a big drop from last years 42 billion. But, remember, last years figure is skewed by facebook which accounted
AZoNano speaks with researchers from the Talapin Lab, University of Chicago, about a new method to synthesize MXenes that is less toxic than conventional approaches.
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