Archer Aviation shares jump nearly 10% on deal to acquire Boeing’s Wisk, two other units

Archer Aviation shares surged after agreeing to acquire Boeing’s Wisk Aero and two other units. This strategic acquisition grants Archer access to Boeing’s autonomous-flight technology and defence capabilities. Boeing will receive a significant stake in Archer and board representation as part of the deal. The move allows Archer to immediately generate revenue from the profitable…

CINTAA president Poonam Dhillon hits back at allegations by members, calls it deeply offensive: ‘You wouldn’t believe how vulgar’

In a surprising turn of events, eight executive members of CINTAA have stepped down, citing deep-rooted issues in leadership and decision-making processes. They demand fresh elections to restore accountability. However, President Poonam Dhillon has vehemently rejected these claims, characterizing them as offensive fabrications motivated by the discontent of those seeking control. This discord has caused…