Acquiring Spirit would make Boeing an even more dominant force in airplane manufacturing. When a company is as integral to the US economy as Boeing is, it’s not in anyone’s interest to hit the planemaker where it really hurts. Today's newsletter bloomberg.com/news/newslette… Bloomberg

A bipartisan group of politicians gathered in Boston last week to discuss 'whole of government approach” to safeguarding a US biotech supply chain that's heavily dependent on China bloomberg.com/news/newslette… via @AnsteyAsia for Bloomberg Economics

Harvard University is bracing for two bills in its home state of Massachusetts this year that would target the school’s massive $51 billion endowment and policy of admitting legacy applicants bloomberg.com/news/articles/… by Janet Lorin via Bloomberg

Current geopolitical tensions would seem to demand a meaningful boost to defense budgets, but Congress can’t — or won’t — deliver it at the moment. This paradox has kept a lid on the performance of defense stocks. Wednesday's newsletter: bloomberg.com/opinion/articl… Bloomberg Opinion

The robots are coming, but not at the pace that they were during the peak of the post-pandemic labor shortages. That's not what one would expect if the US is really in the middle of a reshoring boom. Last week's newsletter, ICYMI: bloomberg.com/opinion/articl… via Bloomberg Opinion

Included in the CR headed to Biden's desk is an FAA extension through Dec. 31 to avert a lapse at midnight

Long-term FAA reauthorization remains stalled. Congress often relies on short-term FAA bills when it can't reach an agreement bgov.com/next/news/S1TS…

The robots are coming, but automation investment appears tied to labor shortages and doesn't signal a reshoring boom in the US, Brooke Sutherland says trib.al/nYRTc26

Boeing is preparing to restart delivery of 737 Max jets to China for the first time in four years, a long-awaited breakthrough that would bolster the planemaker’s comeback trib.al/NvwOLab

Economic reality has caught up with some of the most vitriolic anti-immigrant rhetoric on the European continent bloomberg.com/news/features/… via Bloomberg Economics

The US needs to show the same urgency on developing domestic EV technology that it did on semiconductor production, Tim Culpan writes bloomberg.com/opinion/articl… via Bloomberg Opinion

Heat waves can make it harder for planes to take off, adding to travel headaches. There's no magical technological fix to adapt aircraft to climate change. The solutions are mainly ditching weight and longer runways, says Mark Gongloff
bloomberg.com/opinion/articl… via Bloomberg Opinion