Current:Home > MyThe Daily Money: Is Boeing criminally liable for 737 Max deaths? -Pinnacle Profit Strategies
The Daily Money: Is Boeing criminally liable for 737 Max deaths?
View
Date:2025-04-13 10:27:00
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! (76)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- This Kimono Has 4,900+ 5-Star Amazon Reviews, Comes in 25 Colors, and You Can Wear It With Everything
- Text scams, crypto crackdown, and an economist to remember
- Inside Clean Energy: E-bike Sales and Sharing are Booming. But Can They Help Take Cars off the Road?
- The company planning a successor to Concorde makes its first supersonic test
- When the State Cut Their Water, These California Users Created a Collaborative Solution
- Da Brat Gives Birth to First Baby With Wife Jesseca Judy Harris-Dupart
- Text scams, crypto crackdown, and an economist to remember
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Drifting Toward Disaster: the (Second) Rio Grande
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Nueva página web muestra donde se propone contaminar en Houston
- Inside Clean Energy: What’s Hotter than Solar Panels? Solar Windows.
- Despite Misunderstandings, Scientists and Indigenous Peoples in the Arctic Have Collaborated on Research Into Mercury Pollution
- New data highlights 'achievement gap' for students in the US
- Flash Deal: Save 66% on an HP Laptop and Get 1 Year of Microsoft Office and Wireless Mouse for Free
- In a Strange Twist, Missing Teen Rudy Farias Was Home With His Mom Amid 8-Year Search
- Cuando tu vecino es un pozo de petróleo
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Why Florida's new immigration law is troubling businesses and workers alike
Jamie Foxx Takes a Boat Ride in First Public Appearance Since Hospitalization
Elizabeth Gilbert halts release of a new book after outcry over its Russian setting
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Facebook, Instagram to block news stories in California if bill passes
A watershed moment in the west?
Get $75 Worth of Smudge-Proof Tarte Cosmetics Eye Makeup for Just $22