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Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes
The U.S. Justice Department said on Friday it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people.
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Investors have been bidding up Boeing Co.'s stock in recent weeks, but that seems to be more about what they are afraid of than their excitement over the company's improving fundamentals.
Two U.S. senators called on the Justice Department on Friday to prosecute Boeing in a criminal fraud case stemming from two fatal 737 MAX crashes and reject a tentative deal to allow the planemaker to avoid pleading guilty.
The Trump trade war is de-escalating, but inflation, budget deficits and risks of a rekindled tariff fight continue to threaten stocks. Here's what you should know.
The U.S. Justice Department should take Boeing to trial in a criminal fraud case stemming from two fatal 737 MAX crashes and reject a tentative deal to allow the planemaker to avoid prosecution, a lawyer for some of the victims' families said.
U.S. planemaker Boeing has returned to a more "dynamic" production profile after years of uncertainty surrounding setbacks to its 737 MAX passenger jet, the head of engine maker and key Boeing supplier Safran said on Thursday.
