Boeing may be prosecuted after breaking safety agreement that prevented criminal charges for 737 crashes, US DOJ says
CNN
The Justice Department on Tuesday notified Boeing Co. that it breached terms of its 2021 deferred prosecution agreement, under which the company avoided criminal prosecution for safety lapses in exchange for paying $2.5 billion in penalties and promised to improve its safety and compliance protocols.
The US Justice Department on Tuesday notified Boeing that it breached terms of its 2021 agreement in which the company avoided criminal charges for two fatal 737 Max crashes. After a series of safety missteps earlier this year, including a door plug that blew off an Alaska Airlines flight shortly after takeoff in January, the Department of Justice said Boeing is now subject to criminal prosecution. “For failing to fulfill completely the terms of and obligations under the [deferred prosecution agreement], Boeing is subject to prosecution by the United States for any federal criminal violation of which the United States has knowledge,” the Justice Department said in a letter to US District Judge Reed O’Connor in Fort Worth, Texas, who oversaw the prior agreement. The Biden administration said in its letter that it has not yet determined how it will proceed, however, and Boeing will have an opportunity to respond to its breach of the agreement – and steps it has taken to remediate the situation – by June 13. It will let the court know by July 7 how it will proceed with the case. The notification comes as the Justice Department conducts a new investigation into Boeing’s operations in the wake the door plug incident. The earlier deal had resolved a fraud investigation related to the company’s development of its 737 Max aircraft. Under its deferred prosecution agreement from January 2021, Boeing paid $2.5 billion in penalties and promised to improve its safety and compliance protocols. Families of victims of the October 2018 Lion Air 737 Max crash and the March 2019 Ethiopian Airlines 737 Max crash had long denounced the delayed prosecution agreement, arguing it denied them justice for the deaths of their loved ones.
Thanksgiving dinner will cost less this year than last but will still be 19% higher than before the pandemic, according to the American Farm Bureau Federation’s annual Thanksgiving survey out Wednesday.
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan.
Conspiracy theorist Alex Jones has sued a court-appointed bankruptcy trustee and the families of some of the Sandy Hook victims in an attempt to stop the sale of his media empire Infowars to the satirical news outlet The Onion.
The cat’s out of the bag: Jaguar has unveiled a new logo that emphasizes its posh pronunciation as it transitions into a “new era” that emphasizes its all-electric vehicle lineup.
Markets sold off Tuesday as geopolitical tensions escalated between Ukraine and Russia.
Protesters opposed to Tesla’s expansion of its plant near Berlin were holding out in trees Tuesday as German police sought to clear their forested camp.
Jersey Mike’s Subs is selling a significant stake to private equity giant Blackstone, ending its nearly seven-decade run as an independently owned business that transformed into a major competitor against well-entrenched competitors like Subway.
Walmart’s business is surging. Customers making more than $100,000 a year are fueling the growth.
The president-elect’s plan to deport millions of undocumented immigrations may backfire, driving up the cost of homebuying even further.
In the first quarter of this year, the price of bitcoin broke records in the wake of approval by the Securities and Exchange Commission for the first exchange-traded spot bitcoin funds. The cryptocurrency topped $70,000 in March, according to coinmarketcap.com.
Donald Trump is returning to the White House without many of the guardrails of his first term.