Current:Home > ScamsThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -MarketStream
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-25 10:22:33
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! (6)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- COVID outbreak on relief ship causes fears of spread in Tonga
- Oregon's ambitious sustainable power plant
- How a handful of metals could determine the future of the electric car industry
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Democrat Gavin Newsom to face Republican Brian Dahle in California race for governor
- Russian military recruitment official who appeared on Ukraine blacklist shot dead while jogging
- Katie Holmes Shares Rare Insight Into Daughter Suri Cruise's Visible Childhood
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- 10 Cruelty-Free Beauty Brands We Love to Love
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Turkey agrees to Sweden's NATO bid
- Iran's morality police to resume detaining women not wearing hijab, 10 months after nationwide protests
- Silver Linings From The UN's Dire Climate Change Report
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Pedro Pascal's BFF Sarah Paulson Hilariously Reacts to His Daddy Title
- Rising temperatures prolong pollen season and could worsen allergies
- Megadrought fuels debate over whether a flooded canyon should reemerge
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
A Canadian teen allegedly carved his name into an 8th-century Japanese temple
Russia suspends Black Sea Grain Initiative with Ukraine, says it will return when deal is implemented fully
Last Day To Save Up to 50% On Adidas Shoes, Clothes, and Accessories
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Fossil shows mammal, dinosaur locked in mortal combat
Jane Birkin, actor, singer and fashion icon, dies at 76
Russian lawmakers approve ban on gender-affirming medical care