UPS said it relied on Boeing’s assessment that a known engine mount issue did not pose a flight safety risk when it chose not to adopt enhanced inspections before last year’s fatal cargo plane crash in Louisville, according to newly released National Transportation Safety Board filings.

In its post-hearing submission to the NTSB, UPS said it followed all required Boeing and Federal Aviation Administration-approved maintenance programs for its MD-11 fleet. 

The company said Boeing’s 2008 and 2011 service letters described the issue as not a “safety of flight” condition and stated that existing inspection intervals were sufficient to identify problems involving the engine mount’s spherical bearings.

UPS Flight 2976, a McDonnell Douglas MD-11 cargo jet bound for Honolulu, crashed shortly after takeoff from Louisville Muhammad Ali International Airport on Nov. 4, 2025, after its left engine and pylon separated from the aircraft. 

UNITED FLIGHT CARRYING 221 PASSENGERS HITS POLE AND TRUCK ON APPROACH TO NEWARK

Fire and smoke mark where a UPS cargo plane crashed near Louisville Muhammad Ali International Airport on Nov. 4, 2025, in Louisville, Kentucky. (Stephen Cohen/Getty Images / Getty Images)

Three crew members and 12 people on the ground were killed, while 23 others were injured. The NTSB has not yet released its final report on the accident.

UPS said it reviewed Boeing’s service letters and incorporated revisions to the aircraft maintenance manual, but did not alter its maintenance program. They said this was because Boeing also concluded the issue was not safety-related and never updated its Maintenance Planning Document (MPD), which operators use to establish required maintenance schedules. 

According to UPS, Boeing’s failure to revise the MPD indicated that no additional maintenance tasks were necessary beyond those already being performed.

Smoke rises from the site of a UPS cargo plane crash near the UPS Worldport at Louisville Muhammad Ali International Airport in Louisville, Kentucky, on Nov. 4, 2025. (Leandro Lozado/AFP via Getty Images / Getty Images)

Boeing, in its own filing with investigators, said it reviewed an operator report involving a failed spherical bearing in 2008 and determined, based on the information available at the time, that the issue was not a safety concern. 

The company said it issued a service letter recommending enhanced inspections of the bearing and later revised the aircraft maintenance manual to include an inspection procedure designed to detect bearing movement.

Boeing also said aircraft operators are responsible for maintaining their fleets in coordination with regulators, noting that its maintenance planning documents and manuals provide recommendations that operators use to develop their own maintenance programs.

Black smoke could be seen near the Louisville Muhammad Ali International Airport. (Credit: X/@WT_Mason)

UPS also argued that Boeing’s Continued Operational Safety process failed to identify the damaged bearing and related structural damage as a flight safety issue. The carrier said maintenance records for the aircraft showed no evidence that the spherical bearing had migrated before the crash and argued testimony during the NTSB hearing established that bearings could fail without visible movement.

Both Boeing and UPS said in their NTSB submissions that they will continue cooperating with the investigation. Boeing said it has since worked with the FAA on updated inspection and maintenance procedures, developed a redesigned spherical bearing with a 4,000-flight-cycle life limit and implemented changes to its continued operational safety process.

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The FAA’s submission to investigators reiterated that the agency is supporting the NTSB’s investigation. The NTSB has not announced when it expects to issue its final report determining the probable cause of the crash.

FOX Business has reached out to UPS and Boeing for additional comment on their NTSB submissions.

Polibeli Group Ltd. shares jumped more than 12% to $9.80 in morning trading Thursday, extending recent gains as the digital supply chain company advances its strategic shift toward artificial intelligence computing infrastructure opportunities in Southeast Asia.

The move comes weeks after the company announced a review of potential AI-related initiatives and follows a non-binding memorandum of understanding signed late June to explore development of a large-scale AI computing center. Investors appeared to reward the pivot, with trading volume elevated as the small-cap stock attracted renewed attention in a market hungry for AI exposure.

Polibeli Group, a Cayman Islands-incorporated holding company with operations centered in Indonesia, provides digital supply chain and distribution services across Southeast Asia, Japan, Hong Kong and beyond. The company operates platforms connecting small and medium-sized retailers with procurement, logistics and marketing solutions, dealing in consumer electronics, household goods, beauty products and other categories.

Its core business has faced challenges, reporting net losses in recent years amid competitive pressures and operational scaling. For the year ended Dec. 31, 2025, revenue stood at approximately $26.42 million with a net loss of $5.97 million. Earlier periods showed similar profitability pressures as the company invested in platform development and regional expansion.

Leadership transitions have also marked recent months. In May, the company announced the resignation of its chief financial officer, followed by the appointment of Meijun Liang to the role in June. Such changes often accompany strategic refocus efforts in small public companies.

Strategic Review Targets AI Growth

On June 12, Polibeli Group disclosed it was evaluating opportunities in AI computing infrastructure services as part of its long-term growth strategy. Management highlighted the global significance of AI trends and the potential to leverage existing regional presence, customer networks and technology capabilities.

The company has been monitoring AI market developments closely. In a recent filing, it signaled intent to identify projects that could complement current operations and create additional value for customers and shareholders.

The late-June MOU with Authaikam Company Limited targets exploration of a potential 100MW AI computing center in Thailand. While non-binding, the agreement marks a concrete step toward infrastructure ambitions in a region benefiting from data center demand driven by cloud computing and AI applications.

Analysts and market watchers note that successful execution could transform Polibeli’s profile from a regional trading and logistics player to one with exposure to high-growth technology infrastructure. However, the capital-intensive nature of data centers and AI facilities presents execution risks for a company with a modest balance sheet and history of losses.

Operational Footprint and Market Position

Polibeli’s Polibeli Platform and related apps serve SMEs by offering one-stop procurement and sales tools. The business model emphasizes efficiency in supply chains spanning multiple countries, with significant sourcing from China and distribution across Asia.

Seasonality affects results, with stronger performance typically in the second half of the year ahead of holiday periods. Competition in digital commerce and B2B services remains intense, requiring continuous innovation and cost management.

The company’s recent SEC filings, including a Form F-1 registration effectiveness in late June, reflect ongoing efforts to maintain compliance as a Nasdaq-listed entity. Public listings provide access to capital markets but also impose reporting and governance standards on smaller firms.

Shares have shown high volatility typical of micro- and small-cap stocks, with a 52-week range reflecting both enthusiasm around strategic announcements and pressures from operational results. Market capitalization stands in the low billions, classifying it as a small-cap issue sensitive to news flow.

Broader AI Infrastructure Boom

Polibeli’s moves align with a global surge in demand for AI computing power. Data centers capable of supporting large language models and inference workloads require substantial energy, land and specialized equipment. Southeast Asia has emerged as an attractive region due to lower costs, improving infrastructure and government incentives in countries like Thailand, Indonesia and Malaysia.

Major technology firms and hyperscalers continue expanding capacity worldwide, creating opportunities for regional players. Success for Polibeli would depend on securing partnerships, financing and technical expertise to compete or collaborate effectively.

Investors should weigh the speculative nature of such pivots. Many small companies announce AI initiatives to boost visibility, but few deliver material revenue or profits in the near term. Polibeli’s track record as a supply chain operator provides some operational foundation, yet infrastructure represents a significant departure requiring new capabilities.

Financial Considerations and Risks

With limited cash reserves relative to potential project scales, Polibeli may need to pursue funding through debt, equity offerings or joint ventures. Dilution risks for existing shareholders remain a concern in capital raises.

The company’s financial statements highlight ongoing losses and negative margins, underscoring the need for improved operational efficiency alongside growth initiatives. Gross margins have been thin, reflecting competitive pricing in trading and logistics.

Broader market risks include regulatory changes in crypto or technology sectors, though Polibeli’s focus appears centered on traditional infrastructure rather than digital assets. Geopolitical tensions in Asia could affect supply chains and investment climates.

Positive developments, such as definitive agreements on the Thailand project or additional AI partnerships, could sustain momentum. Conversely, delays or unfavorable terms might pressure the stock.

Outlook for Small-Cap AI Plays

Polibeli joins a cohort of smaller firms attempting to capitalize on AI enthusiasm. While the sector offers substantial long-term potential, historical patterns show high failure rates for companies shifting business models dramatically.

Market participants will monitor upcoming filings and potential updates on the strategic review. Any concrete progress toward revenue-generating AI projects could significantly re-rate the company’s valuation, currently elevated on a price-to-sales basis given recent losses.

For long-term investors, the story hinges on execution in a competitive landscape dominated by larger, better-capitalized players. Short-term traders, meanwhile, may continue reacting to news catalysts and volume spikes.

As of midday trading, gains appeared supported by retail and momentum interest, though sustainability depends on fundamental progress. Polibeli’s journey illustrates both the opportunities and challenges facing small public companies in rapidly evolving technology sectors.

The stock’s performance underscores investor appetite for AI-themed stories, even at early stages. Whether Polibeli can translate announcements into tangible results will determine if the recent surge marks the start of a sustained rerating or a short-lived trading event.

Microsoft is expected to lay off up to 2.5% of its workforce as early as next week. 

The cuts, which could affect 5,000 employees, may impact sales, consulting and the Xbox gaming unit, according to a report from Business Insider Tuesday. 

The layoffs would mark the latest round of restructuring in the tech sector as companies continue to cut costs while directing more resources toward artificial intelligence (AI).

Last summer, Microsoft laid off roughly 4% of its workforce, or about 9,000 employees, in one of the company’s largest rounds of job cuts in recent years. 

MICROSOFT ANNOUNCES ANOTHER ROUND OF LAYOFFS AFFECTING THOUSANDS OF WORKERS

A Microsoft office in New York in July 2025 ahead of the company hitting $4 trillion in market cap. (Adam Gray/Bloomberg via Getty Images / Getty Images)

According to Microsoft’s latest annual filing with the Securities and Exchange Commission (SEC), the company employed roughly 228,000 full-time workers worldwide as of June 30, 2025. 

A 2.5% reduction in that workforce would amount to approximately 5,700 job cuts.

Sources said some employees affected by the latest round of layoffs will be offered new roles within the company immediately, Business Insider reported. 

MICROSOFT WILL LAY OFF NEARLY 6,000 EMPLOYEES IN PUSH FOR EFFICIENCY

A pedestrian walks past a sign on the Microsoft campus July 17, 2014, in Redmond, Wash. (Stephen Brashear/Getty Images / Getty Images)

In the past month, Microsoft’s stock slumped about 19%, marking one of its worst monthly performances since the dot-com crash.

Investor concerns have risen as Wall Street analysts warn that AI could eventually replace certain software services, which may include offerings from Microsoft. 

MICROSOFT PLANS ‘SUBSTANTIAL’ JOB CUTS ACROSS XBOX DIVISION

Last month, Xbox CEO Asha Sharma sent a memo to employees calling for a “reset” of the business after months of uneven performance. 

The Verge on Tuesday also reported that the gaming division is planning layoffs starting next week. The cuts are expected to be significant, with reductions to marketing and budgets, according to Bloomberg early last month. 

The restructuring could lead to studio closures, mergers, spin-offs and canceled game projects, the Verge reported. 

Xbox also recently raised prices on its gaming consoles by an additional $100 to $150 worldwide, citing increased demand for memory and storage driven by the AI boom. 

Visitors walk past the Xbox booth at the Gamescom video games trade fair in Cologne, Germany, Aug. 22, 2024.  (Ina Fassbender/AFP via Getty Images / Getty Images)

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Sources said the 2026 round of layoffs appears to be smaller after the company earlier this year introduced a voluntary retirement buyout program, which led to a significant number of employees exiting, according to BI.

Roughly one-third of eligible employees reportedly opted in.

Last year, Microsoft reportedly eliminated roughly 15,000 roles across multiple rounds of layoffs, including about 6,000 positions in May followed by 9,000 employees in July.

FOX Business reached out to Microsoft for more information.

SANTA CLARA, Calif. — Intel has restarted production of its 13th and 14th Generation Core processors, a chip family nearly three years removed from its original launch, specifically to supply the Chinese personal computer market amid an unprecedented global memory shortage that has made the older platform’s compatibility with DDR4 memory a newly valuable asset rather than a legacy limitation.

The move, first reported by ChannelGate, reflects a broader and somewhat counterintuitive trend reshaping the PC component market in 2026: the surging demand for artificial intelligence computing has created a chip shortage so severe across every memory category that manufacturers and consumers in certain markets are turning back to older, DDR4-compatible hardware platforms rather than competing for the limited supply of DDR5 that the AI industry is consuming at record rates.

Intel’s 13th Generation Core processors, based on the Raptor Lake architecture and launched in late 2022, and the 14th Generation Raptor Lake Refresh chips that followed roughly a year later in 2023, both share the same LGA-1700 socket and support both DDR4 and DDR5 memory. That dual-memory support, which Intel built into the platform at a time when DDR5 was still too expensive and scarce for mainstream adoption, has taken on entirely new commercial significance in 2026 because vast amounts of DDR4 memory capacity currently sit underutilized while DDR5 remains under extraordinary demand pressure from data centers and AI accelerator systems.

By restarting Raptor Lake production, Intel can absorb some of that available DDR4 supply and channel it toward PC OEM manufacturers and do-it-yourself PC enthusiasts in mainland China, a market that remains one of the world’s largest consumers of desktop processor hardware across both gaming and productivity computing categories. The restarted production targets specifically those use cases rather than enterprise or workstation applications, positioning the older generation chips as a pragmatic, cost-effective solution for consumers who want capable computing hardware but cannot easily access or afford DDR5-based systems in the current supply environment.

The original 13th Generation Core lineup launched in October 2022 and covered a full product stack from entry-level Core i3 chips to the flagship Core i9-13900KS, which pushed boost frequencies to 6.0 gigahertz, an industry milestone at the time of its release. Intel then shipped the 14th Generation Raptor Lake Refresh in late 2023 on the same LGA-1700 socket, offering moderate performance improvements through targeted adjustments to die-to-die frequency, ring bus frequency and core base and boost clock speeds rather than a fundamental architectural redesign. The flagship of that generation, the Core i9-14900KS, pushed the single-core boost frequency to 6.2 gigahertz, a 200-megahertz improvement over its predecessor.

Both generations came with a significant controversy attached to them in the form of instability issues that affected high-end Raptor Lake and Raptor Lake Refresh desktop processors, particularly when run with elevated power and voltage settings. Intel issued multiple microcode updates throughout 2024 and 2025 to address those stability problems, and the company eventually extended warranty coverage for affected chips as documentation of the issue accumulated in the enthusiast community. The production restart presumably involves chips manufactured with the updated microcode and voltage guidance already incorporated, though Intel has not provided specific detail on whether the restarted production includes any physical or silicon-level changes to the chips beyond the software fixes previously distributed.

Intel is also expected to increase supply of 10th and 12th Generation Core processors through a parallel production expansion, according to ChannelGate, though the primary focus of the restart effort is concentrated on the 13th and 14th generation platforms. The 12th Generation Alder Lake processors, launched in late 2021, also supported both DDR4 and DDR5, making them another viable option for the same market dynamic, though the 13th and 14th generation chips offer better performance efficiency and a wider ecosystem of compatible hardware that is likely already embedded across the Chinese retail and OEM supply chain.

The broader context for Intel’s decision is a global PC market that has been quietly recovering from the post-pandemic demand collapse even as the AI chip boom consumes the sector’s most advanced manufacturing capacity. Worldwide PC shipments rebounded through 2025 and into 2026 as consumers and enterprises that deferred hardware upgrades during the years of post-pandemic correction began refreshing aging equipment, a replacement cycle that analysts have expected to accelerate further as artificial intelligence features become more integrated into client computing devices. China’s domestic PC market, which operates with a distinct mix of local OEM brands, international PC makers and a substantial enthusiast gaming segment, remains large enough that even a targeted production restart for a three-year-old chip generation can generate meaningful commercial volume.

For Intel, the production restart also carries practical manufacturing logic beyond its commercial rationale. The LGA-1700 platform tooling and production lines are already established assets that can be reactivated without the full capital expenditure of building out a new process node or manufacturing flow from scratch. Restarting production on mature nodes allows Intel to utilize manufacturing capacity that might otherwise sit idle as the company concentrates its leading-edge node efforts on newer architectures intended for the AI PC and data center markets, where competition from AMD and Qualcomm has been intensifying throughout the first half of 2026.

Demand for semiconductors across all categories remains at historic levels, driven by the AI industry’s extraordinary appetite for computing hardware at every tier of the market. That demand has not only kept advanced memory and logic chips scarce at the top of the market but has cascaded backward through supply chains in ways that have made even relatively mature, established platforms newly relevant in markets and applications where the primary constraint is availability and cost rather than raw performance. Intel’s decision to restart Raptor Lake production for China illustrates how unusual the current moment is for the semiconductor industry, a period in which the best available product is not always the most commercially rational one, and the industry is reaching back several generations to find components it can actually build and sell to customers who need computing hardware now.

Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer Reports says Sam’s Club now has the best bird in the warehouse club business.

After evaluating rotisserie chickens from 10 grocery chains, warehouse clubs and big-box retailers, Consumer Reports named Sam’s Club’s Member’s Mark Seasoned Rotisserie Chicken its top overall pick, edging out Costco’s Kirkland Signature bird.

According to Consumer Reports, tasters gave Sam’s Club the edge for its flavor, seasoning and juicy texture. Costco’s chicken also landed among the publication’s top picks, though reviewers found the seasoning to be less consistent between samples.

CUSTOMERS UPSET AFTER COSTCO MAKES CHANGE TO ROTISSERIE CHICKEN

Rotisserie chickens cook inside a commercial roasting oven. Consumer Reports evaluated chickens from warehouse clubs, grocery stores and big-box retailers based on taste, nutrition and other factors. (Getty Images / Getty Images)

The results may come as a surprise to Costco shoppers, whose devotion to the retailer’s rotisserie chicken has helped make the $4.99 bird one of the company’s signature products.

Costco has held the price steady for years despite inflation, using the popular item as one of its best-known value offerings and a draw for shoppers. The retailer’s loyal customers have even voiced frustration over seemingly minor changes to the product, including 2024’s switch from plastic clamshell containers to bags.

Consumer Reports did not publish a traditional first-through-10th ranking. Instead, it grouped the chickens into those it considered flavorful enough to serve on their own and those better suited for recipes such as soups, salads and sandwiches.

COSTCO CEO SAYS 1 ITEM IS MORE IMPORTANT THAN EVERYTHING ELSE SOLD IN THE STORE

Rows of freshly cooked rotisserie chickens are displayed for sale at a grocery store. Consumer Reports recently ranked rotisserie chickens from 10 major retailers, naming Sam’s Club its top overall pick. (Getty Images / Getty Images)

Along with Sam’s Club and Costco, the top group included Stop & Shop, Walmart, Wegmans and Whole Foods Market. BJ’s Wholesale Club, Hannaford, ShopRite and The Fresh Market fell into the second category.

FOX Business has reached out to Costco and Sam’s Club for comment.

WHY COSTCO HOT DOGS HAVE KEPT $1.50 PRICE TAG SINCE 1985

A Costco store in Vallejo, Calif., May 29, 2025. (David Paul Morris/Bloomberg / Getty Images)

The evaluation went beyond taste. Consumer Reports purchased between 10 and 13 chickens from each retailer across multiple store locations and shopping trips.

Researchers weighed each bird, compared sodium levels with nutrition labels, conducted blind taste tests and screened the meat and packaging for chemicals commonly associated with plastics.

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Among its findings, Consumer Reports said it detected no PFAS in any of the meat or packaging it tested. It also found that many chickens weighed more than the net weight listed on their labels, with Whole Foods’ birds averaging about a pound heavier than advertised, effectively lowering their per-pound cost.