Current:Home > reviewsThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -Wealth Evolution Experts
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-23 19:43:09
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! (43864)
Related
- Intel's stock did something it hasn't done since 2022
- Unhinged controversy around Olympic boxer Imane Khelif should never happen again.
- Favre challenges a judge’s order that blocked his lead attorney in Mississippi welfare lawsuit
- Brooklyn Peltz Beckham Shares Photo From Hospital After Breaking His Shoulder
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Cameron McEvoy is the world's fastest swimmer, wins 50 free
- Medical report offers details on death of D'Vontaye Mitchell outside Milwaukee Hyatt
- 'SNL' cast departures: Punkie Johnson, Molly Kearney exit
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- How Team USA's Daniela Moroz can put a bow on her parents' American dream
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Judge rejects replacing counsel for man charged with shooting 3 Palestinian college students
- Kamala Harris is interviewing six potential vice president picks this weekend, AP sources say
- J.Crew’s Epic Weekend Sale Features an Extra 60% off Clearance Styles with Tops Starting at $8
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Never any doubt boxers Imane Khelif and Lin Yu-Ting are women, IOC president says
- Olympic women's soccer bracket: Standings and how to watch Paris Olympics quarterfinals
- 5 people wounded in overnight shooting, Milwaukee police say
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Taylor Swift combines two of her songs about colors in Warsaw
International Seabed Authority elects new secretary general amid concerns over deep-sea mining
Ticketmaster posts additional Eras Tour show in Toronto, quickly takes it down
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Olympics 2024: China Badminton Players Huang Yaqiong and Liu Yuchen Get Engaged After She Wins Gold
'We made mistakes': Houston police contacting rape victims in over 4,000 shelved cases
Trinity Rodman plays the hero in USWNT victory over Japan — even if she doesn't remember