Current:Home > ContactThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -WealthTrail Solutions
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-19 06:40:33
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! (853)
Related
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- 'May December' shines a glaring light on a dark tabloid story
- Okta says security breach disclosed in October was way worse than first thought
- Rand Paul successfully used the Heimlich maneuver on Joni Ernst at a GOP lunch
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Live updates | Temporary cease-fire expires; Israel-Hamas war resumes
- Senate Judiciary Committee authorizes subpoenas for Harlan Crow and Leonard Leo in Supreme Court ethics probe
- Biden hosts the Angolan president in an effort to showcase strengthened ties, as Africa visit slips
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Biden gets a chance to bring holiday spirit to Washington by lighting the National Christmas Tree
Ranking
- RFK Jr. grilled again about moving to California while listing New York address on ballot petition
- Jonathan Majors' trial on domestic violence charges is underway. Here's what to know.
- Democrats lose attempt to challenge New Hampshire electoral district maps
- Megan Fox reveals ectopic pregnancy loss before miscarriage with Machine Gun Kelly
- The Daily Money: Spending more on holiday travel?
- Wartime Israel shows little tolerance for Palestinian dissent
- Mother of man accused of attacking 6-year-old boy with bat said he had 'psychotic break'
- Russia’s Lavrov faces Western critics at security meeting, walks out after speech
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Rep. Marjorie Taylor Greene backs off forcing vote on second Alejandro Mayorkas impeachment resolution
Montana miner backs off expansion plans, lays off 100 due to lower palladium prices
Mississippi woman arrested on suspicion of faking nursing credentials
Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
Best picture before bedtime? Oscars announces earlier start time for 2024 ceremony
Governors Ron DeSantis, Gavin Newsom to face off in unusual debate today
Beyoncé and Taylor Swift Prove They Run the World at Renaissance Film Premiere in London