BLOCKCHAIN .COM TARGETS $500M U.S. IPO AT $4B-$6B VALUATION The crypto platform confidentially filed with the SEC earlier this year and has reportedly been profitable on an adjusted basis for the past three years. Blockchain was valued at $14B in 2022 before a later funding round cut that valuation by more than half. The company could opt for a smaller raise if needed, and terms may still change. Source: Bloomberg

Zimbabwe’s central bank reduced its interest rate for a second time in a row, bucking a global trend toward keeping borrowing costs higher for longer as the US-Iran standoff keeps energy prices elevated.

THE FAA ADMINISTRATOR SAYS THE SOFTWARE ISSUE WILL DELAY MAX 10 CERTIFICATION, THOUGH HE IS NOT SURE HOW LONG, ADDING THAT PILOTS ARE STILL IN CONTROL DURING GO-AROUNDS DESPITE THE BOEING 737 MAX SOFTWARE ISSUE.

CANADIAN CARRIER WESTJET SAYS IT USES SOFTWARE VERSION 14.1 — NOW BEING REVIEWED BY THE FAA — FOR ITS BOEING 737 MAX JETS, ADDING THAT WHILE IT IS AWARE OF THE REPORTED POTENTIAL SOFTWARE ISSUE AFFECTING SOME B737S AND IS WORKING CLOSELY WITH BOEING, THIS IS NOT CONSIDERED A SAFETY ISSUE, AND IT HAS NOT EXPERIENCED ANY IN-SERVICE EVENTS RELATED TO IT.