FT News Briefing Friday, July 12
Jul 12, 2019
An executive order aims to gather data on U.S. citizenship, sparking debate on privacy and governance. Boeing announces leadership changes amidst struggles with its 737 program, raising questions about its future. Meanwhile, the Chinese economy braces for slowdown amid trade tensions, with significant growth figures forthcoming. The opioid crisis looms large as Reckitt Benckiser faces a massive settlement, hinting at broader implications for drug manufacturers.
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Trump's Executive Order on Citizenship Data
- President Trump issued an executive order to collect citizenship data from federal databases.
- This follows the Supreme Court's rejection of adding a citizenship question to the 2020 census.
Boeing 737 Head Retires
- Boeing's 737 program head, Eric Lindblad, is retiring.
- This comes after the grounding of 737 MAX jets and a significant order loss.
China's Q2 GDP Growth
- China's Q2 2019 GDP figures are expected to show slower growth than Q1.
- The ongoing trade war with the U.S. is a major factor.