Current:Home > ScamsThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -Visionary Wealth Guides
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-18 09:32:54
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
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Fantasy football running back rankings for Week 2: What can Barkley do for an encore?
- First and 10: Texas is roaring into SEC, while Oklahoma is limping. What's up with Oregon?
- Fantasy football running back rankings for Week 2: What can Barkley do for an encore?
- DoorDash steps up driver ID checks after traffic safety complaints
- Blue Jays pitcher Bowden Francis again loses no-hit bid on leadoff homer in 9th
- Tennessee senator and ambassador to China Jim Sasser has died
- Pac-12 adding four Mountain West schools Boise State, San Diego State, Fresno State, Colorado State
- Buckingham Palace staff under investigation for 'bar brawl'
- Taylor Swift endorsed Kamala Harris. Donald Trump says he prefers Brittany Mahomes. Why?
Ranking
- A South Texas lawmaker’s 15
- 'Rare and significant': Copy of US Constitution found in old North Carolina filing cabinet
- Aubrey Plaza Details Experiencing a Sudden Stroke at Age 20
- Boy George, Squeeze team for gleefully nostalgic tour. 'There's a lot of joy in this room'
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Kristin Cavallari Shares Why She’s Considering Removing Her Breast Implants
- Chanel West Coast Details Daughter Bowie's Terrible 2s During VMAs Date Night With Dom Fenison
- CLIMATE GLIMPSE: Wildfires plague U.S. West and Brazil, Yagi rampages in Vietnam
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
A man accused of trying to set former co-workers on fire is charged with assault
Tyreek Hill says he could have handled his traffic stop better but he still wants the officer fired
WNBA players deserve better, from fans and their commissioner
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Coach Outlet Bags & Wallets Under $100—Starting at $26, Up to 75% Off! Shop Top Deals on Bestsellers Now
Dutch adopt US war graves to harbor memories of the country’s liberation 80 years ago
Truth Social parent company shares close at record low after Trump-Harris debate