Boeing 737 Max Glitch Found Not to Be Safety Issue by FAA

(Bloomberg) -- A software glitch affecting Boeing Co. 737 Max aircraft was determined not to pose a safety risk by a Federal Aviation Administration panel, a positive outcome for the US planemaker seeking regulatory approval for the largest variant of the popular narrowbody family. The so-called corrective action review board on Friday determined a software issue in Boeing 737 Max flight computers “is not a safety concern,” the agency said in a statement. Boeing rose 1.6% to $195.40 as of…