Bitcoin ETF Approval Faked, Boeing CEO Admits 'Mistake' & Blackrock Cuts

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday. (2) Boeing CEO Dave Calhoun fought back tears as he said the plane maker must own up to its shortcomings as it grapples with a safety incident that has renewed questions over the quality of its manufacturing. (3) BlackRock will dismiss about 600 employees, or roughly 3% of its global workforce, as it seeks to reallocate resources amid rapid changes in asset management. (4) Britain's foreign secretary, David Cameron, said he's "worried" that Israel might have broken international law during the conflict in the Gaza Strip, and that the country must to do more to allow aid to flow. (5) The UK government is pressuring councils to run down their reserves to help stave off a financial crisis beginning to rip through the country's town halls. See omnystudio.com/listener for privacy information.