Current:Home > StocksThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -BeyondProfit Compass
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-19 05:28:16
Good morning! It's Daniel de Visé with your Daily Money.
Boeing has violated a 2021 agreement that shielded it from criminal prosecution after two 737 Max disasters left 346 people dead overseas, the Department of Justice claims in a new court filing.
According to the DOJ, Boeing failed to "design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations."
The planemaker has been under increased scrutiny by regulators and lawmakers this year following the latest grounding of its 737 Max jets.
What happens next?
High interest rates taking a toll on construction
Three years ago, when a local developer hatched plans for a 352-unit apartment building in West Philadelphia, the project was a no-brainer, Paul Davidson reports.
The city needed tens of thousands of affordable and reasonably priced housing units. Construction costs were a relative bargain. And interest rates were at historic lows.
But after pandemic-related material and labor shortages raised construction costs and the Federal Reserve’s flurry of interest rate hikes in 2022 and 2023 pushed borrowing costs to 23-year highs, the developer of the West Philly building scrapped the project.
High interest rates are compounding the effects of spiraling construction costs and forcing developers to scrap, significantly delay or shelve a growing share of projects across the U.S.
Here's how the construction industry is affected.
📰 More stories you shouldn't miss 📰
- Auto insurance costs are rising. Here's how to save.
- Bumble under fire for 'shaming' women.
- Will meme stock traders aid Trump Media?
- What the Fed said about interest rates.
- 3 ways to hedge against inflation.
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
Wi-Fi, laptops and mobile phones have made work from anywhere a reality for many of us, Medora Lee reports. But working while moving from state to state could cause a tax headache.
If you work in a different state from where you live, you may have to file more than one state income tax return.
Here are the states to worry about.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (2911)
Related
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- These LSD-based drugs seem to help mice with anxiety and depression — without the trip
- Florida nursing homes evacuated 1000s before Ian hit. Some weathered the storm
- Gas stove debate boils over in Congress this week
- Former longtime South Carolina congressman John Spratt dies at 82
- How to Watch King Charles III and Queen Consort Camilla’s Coronation on TV and Online
- How ESG investing got tangled up in America's culture wars
- Duchess Sophie and Daughter Lady Louise Windsor Are Royally Chic at King Charles III's Coronation
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Virginia graduation shooting that killed teen, stepdad fueled by ongoing dispute, police say
Ranking
- Small twin
- PGA Tour and LIV Golf to merge, ending disruption and distraction and antitrust lawsuit
- Tennessee woman accused of trying to hire hitman to kill wife of man she met on Match.com
- Calif. Lawmakers Rush to Address Methane Leak’s Dangers
- Trump invites nearly all federal workers to quit now, get paid through September
- Viski Barware Essentials Worth Raising a Glass To: Shop Tumblers, Shakers, Bar Tools & More
- How Muggy Is It? Check The Dew Point!
- Atlanta City Council OK's funds for police and firefighter training center critics call Cop City
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Don't Miss This Kylie Cosmetics Flash Deal: Buy 1 Lip Kit, Get 1 Free
Polar Vortex: How the Jet Stream and Climate Change Bring on Cold Snaps
Mother of 6-year-old boy who shot his Virginia teacher faces two new federal charges
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
The Heartbreak And Cost Of Losing A Baby In America
Amputation in a 31,000-year-old skeleton may be a sign of prehistoric medical advances
How to stop stewing about something you've taken (a little too) personally