Current:Home > NewsThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -Wealth Legacy Solutions
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
Will Sage Astor View
Date:2025-03-11 01:28:31
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! (462)
Related
- Current, future North Carolina governor’s challenge of power
- Ukraine is advancing, but people in front-line villages are still just hoping to survive Russia's war
- Texas stumbles in its effort to punish green financial firms
- Yellowstone's northern half is unlikely to reopen this summer due to severe flooding
- A White House order claims to end 'censorship.' What does that mean?
- Great Lakes ice coverage declines as the climate warms
- Gunman in New Zealand kills 2 people ahead of Women's World Cup
- Cary Elwes Addresses Possibility of a Princess Bride Reboot
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Joe Alwyn's Next Film Role After Taylor Swift Breakup
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- A federal judge canceled major oil and gas leases over climate change
- Israeli Prime Minister Benjamin Netanyahu hospitalized for dehydration amid heat wave
- Accusations of 'greenwashing' by big oil companies are well-founded, a new study finds
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- To get by in a changing climate, plants need animal poop to carry them to safety
- 20 Stylish Dresses That Will Match Any Graduation Robe Color
- Raquel Leviss Had Very Upsetting Talk With Ariana Madix Before Tom Sandoval Affair Was Revealed
Recommendation
A South Texas lawmaker’s 15
Yellowstone's northern half is unlikely to reopen this summer due to severe flooding
Halle Berry Claps Back at Commenter Criticizing Her Nude Photo
Coco Austin Shares Risqué Dancing Video With Her and Ice-T’s Daughter Chanel
A South Texas lawmaker’s 15
More than 50 million people in the U.S. are under excessive heat warnings
The world's most endangered large whale species is even closer to extinction than researchers thought
The world's insect population is in decline — and that's bad news for humans