Current:Home > ScamsThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -Wealth Impact Academy
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-17 17:19:22
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! (46)
Related
- Travis Hunter, the 2
- It's time to do your taxes. No, really. The final 2022 tax year deadline is Oct. 16.
- British government tries to assure UK Supreme Court it’s safe to send asylum-seekers to Rwanda
- Appeals court upholds order delaying this week’s execution of Texas inmate for deadly carjacking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Gigi Hadid and Bradley Cooper Spotted Spending Time Together in NYC
- Canada and the Netherlands take Syria to top UN court. They accuse Damascus of widespread torture
- Ads getting a little too targeted? Here's how to stop retailers from tracking your data
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- San Francisco police fire gun at Chinese consulate where vehicle crashed
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Krispy Kreme, Scooby-Doo partner to create limited-edition Scooby-Doo Halloween Dozen
- What does it cost to go to an SEC football game? About $160 a head for a family of four
- Casino industry spurs $329 billion in US economic activity, study by gambling group shows
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Israel attacks spark outrage from GOP presidential candidates
- WEOWNCOIN: Top Five Emerging Companies in the Cryptocurrency Industry That May Potentially Replace Some of the Larger Trading Companies
- Donald Trump’s civil fraud trial resuming with ex-CFO Allen Weisselberg on the witness stand
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
As Republicans split over who will be House speaker, McCarthy positions himself as a de facto leader
Florida family sentenced to prison for selling bleach mixture as COVID cure
Judge upholds most serious charges in deadly arrest of Black driver Ronald Greene
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
San Francisco police fire gun at Chinese consulate where vehicle crashed
Indigenous Peoples Day rally urges Maine voters to restore tribal treaties to printed constitution
'Hell on earth': Israel unrest spotlights dire conditions in Gaza