financetom
Business
financetom
/
Business
/
US finalizes details of Boeing 737 MAX plea deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US finalizes details of Boeing 737 MAX plea deal
Jul 24, 2024 4:19 PM

July 24 (Reuters) - The Justice Department said Boeing ( BA )

has agreed to plead guilty to a criminal fraud conspiracy

charge and pay a fine of $243.6 million after the Justice

Department said the planemaker had breached a 2021 deferred

prosecution agreement, according to a court filing.

The planemaker on July 7 had agreed in principle to plead

guilty to conspiring to defraud the Federal Aviation

Administration after the government said the planemaker

knowingly made false representations about key software for the

737 MAX.

The Justice Department said Boeing ( BA ) and the government had

finalized the details of the plea deal.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Xali Gold Continues to Advance El Oro Underground, Tailings Projects in Mexico; Shares Slumped 17% Yesterday
Xali Gold Continues to Advance El Oro Underground, Tailings Projects in Mexico; Shares Slumped 17% Yesterday
Aug 28, 2024
07:48 AM EDT, 08/28/2024 (MT Newswires) -- Xali Gold ( CGDXF ) said Wednesday that it continues to advance the underground and tailings projects at its El Oro property in Mexico. The company said it met with Remedioambiente, the Mexican subsidiary of Rio Verde Resources, in El Oro this week to review their field work to date and discuss how...
Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads
Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads
Aug 28, 2024
SÃO PAULO - Meta Platforms ( META ) faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social media company of accepting paid advertisements that fraudulently use the retailer's name to deceive consumers. A Santa Catarina state judge ruled on Monday that Meta had 48 hours to block ads...
EV firm Lotus Tech slashes annual deliveries forecast as EU, US tariffs weigh
EV firm Lotus Tech slashes annual deliveries forecast as EU, US tariffs weigh
Aug 28, 2024
Aug 28 (Reuters) - EV firm Lotus Technology slashed its deliveries forecast for the year by more than 50% on Wednesday, citing uncertainty posed by new tariffs in the United States and the European Union. Import tariffs imposed by the European Union, the United States and Canada on China-made EVs have added pressure on companies manufacturing their vehicles in China,...
Scotiabank Comments on The Euro
Scotiabank Comments on The Euro
Aug 28, 2024
07:47 AM EDT, 08/28/2024 (MT Newswires) -- The euro (EUR) has faded throughout the Wednesday session, getting little push from a couple of second-tier data releases, said Scotiabank. Eurozone adjusted private sector credit accelerated to 1.3% y/y in July from 1.1% y/y in June, while France's consumer confidence rose 1 pt to 92 in August. While the latter was the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved