Aerospace: New wing problems in troubled Boeing jet

The Federal Aviation Administration concluded this week that more than 300 of Boeing’s 737 jets may have faulty wing parts, said Leslie Josephs and Spencer Kimball in CNBC.com. The affected planes include the Max jets that were involved in two fatal crashes, prompting their grounding. As many as 148 parts from one Boeing supplier don’t meet strength and durability standards. The agency said the faulty parts—called slats—would “not result in the loss of the aircraft,” but could lead to damage during flight. Boeing still expects the 737 Max planes to fly again by the end of the year. Private lenders and wealthy individuals, including “the king of subprime car loans,” have provided hundreds of millions of dollars to build about 50 ultrahigh-end L.A.-area spec houses. But now “there are not enough buyers to go around.” Says one agent, “We have an enormous oversupply of these white boxes.” Sellers have been holding “themed bashes in lieu of traditional open houses” and “hiring marketing experts to reimagine homes as individual brands.” One developer is throwing in Andy Warhol’s 1974 Rolls-Royce with a

$15.6 million home, and found a Warhol lookalike to shoot marketing videos. Another mansion, on the market in Brentwood, is said to have “a secret room for growing and smoking marijuana.” Despite the ploys, “price cuts are the order of the day.”