Current:Home > reviewsThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -Wealth Pursuit Network
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
Robert Brown View
Date:2025-04-09 05:06:40
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! (39627)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Chris Gauthier, character actor known for 'Once Upon a Time' and 'Watchmen,' dies at 48
- Air Force member in critical condition after setting himself on fire outside Israeli embassy in Washington
- Ohio commission awards bids to frack oil and gas under state parks, wildlife areas
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- This Toddler's Viral Golden Girls Hairstyle Is, Well, Pure Gold
- Francia Raísa Gets Candid on Her Weight Fluctuation Amid PCOS Battle
- Jason Kelce’s Wife Kylie Kelce Shares Adorable New Photo of Daughter Bennett in Birthday Tribute
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- 3 charged in ‘targeted’ shooting that killed toddler at a Wichita apartment, police say
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Mohegan tribe to end management of Atlantic City’s Resorts casino at year’s end
- Kenneth Mitchell, 'Star Trek: Discovery' actor, dies after battle with ALS
- Score 75% off a Coach Bag, 60% off Good American Jeans, Get a $55 Meat Thermometer for $5, and More Deals
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- What is a 'stan'? How an Eminem song sparked the fandom slang term.
- A shooting claimed multiple lives in a tiny Alaska whaling village. Here’s what to know.
- Man beat woman to death with ceramic toilet cover in Washington hotel, police say
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
You can get a dozen doughnuts from Krispy Kreme for $2.29 on Leap Day. Here's how.
Nate Burleson and his wife explore her ancestral ties to Tulsa Massacre
Navalny team says Russia threatened his mother with ultimatum to avoid burial at Arctic prison
Sonya Massey's father decries possible release of former deputy charged with her death
US government may sue PacifiCorp, a Warren Buffett utility, for nearly $1B in wildfire costs
Counting On's Jeremiah Duggar and Wife Hannah Welcome Baby No. 2
Shadowbanned? How to check if Instagram has muted you and what you can do about it