Current:Home > ContactThe 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:2025-04-14 03:19:21
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! (897)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Officer who fatally shot Kawaski Trawick 5 years ago won’t be disciplined, police commissioner says
- Proof Sarah Michelle Gellar and Freddie Prinze Jr.'s Love Is Immortal
- 1 dead after shuttle bus crashes at a Honolulu cruise ship terminal
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Texas’ diversity, equity and inclusion ban has led to more than 100 job cuts at state universities
- Noncitizen voting isn’t an issue in federal elections, regardless of conspiracy theories. Here’s why
- 2024 Masters tee times for final round Sunday: When does Scottie Scheffler, Tiger Woods tee off?
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Michael J. Fox says actors in the '80s were 'tougher': 'You had to be talented'
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Eleanor Coppola, matriarch of a filmmaking family, dies at 87
- DNC paid $1.7 million to Biden's lawyers in special counsel probe
- A Michigan man and his dog are rescued from an inland lake’s icy waters
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- The 2024 Jeep Wrangler 4xe Dispatcher Concept is a retro-inspired off-road hybrid
- Jury convicts former DEA agent of obstruction but fails to reach verdict on Buffalo bribery charges
- Teen Mom's Maci Bookout and Taylor McKinney Reveal the Biggest Struggle in Their 7-Year Marriage
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Tennessee Vols wrap up spring practice with Nico Iamaleava finally under center
Clint Eastwood Makes Rare Appearance to Support Jane Goodall
US border arrests fall in March, bucking seasonal trends amid increased enforcement in Mexico
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
1 dead in small plane crash in northwest Indiana, police say
Urgent care worker accused of sexual assaults while claiming falsely to be a nurse in Philly suburbs
Roku says 576,000 streaming accounts compromised in recent security breach