Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Group Eleven Drills Best Hole Yet at Ballywire:...
Blue Sky Uranium Acquires Key Subsurface Data for...
Sun Summit Minerals
Aurum Resources
High grade gold in early stage drilling at...
3 Key Themes from Fastmarkets’ 2025 Lithium Supply...
Walker Lane Resources Ltd. Receives Positive Results from...
Crypto Market Recap: Coinbase Acquires Liquifi, Tether to...
Robinhood Shares Hit Record High on EU Launch...
As his feud with Trump reignites, Musk’s business...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

by admin May 18, 2025
May 18, 2025
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker to avoid a guilty plea.

Boeing agreed to plead guilty in the case last summer in a deal with the Justice Department after the Biden administration found earlier that year that the company violated a 2021 agreement tied to the crashes. A judge rejected that plea deal last year, citing concerns about diversity, equity and inclusion, and opened the possibility that Boeing could face trial.

The fraud charge stems from Boeing’s development of the 737 Max. The U.S. had accused Boeing of misleading regulators about its inclusion of a flight-control system on the Max that was later implicated in the two crashes.

A final, non-prosecution agreement hasn’t been reached yet, the person said. The Justice Department and Boeing didn’t immediately comment.

Under the new agreement, Boeing could pay family members of victims of the two Max crashes. In total, the two crashes of the best-selling Boeing jet killed all 346 people on board the planes.

The new tentative agreement, which was reported earlier on Friday by Reuters, would mean Boeing wouldn’t be labeled a felon. That label could have come with restrictions on defense contractor work.

Boeing is the country’s biggest exporter and, in addition to making commercial jetliners, it’s a major defense contractor. The Trump administration recently awarded the company a multibillion-dollar contract to build a next-generation fighter jet.

This post appeared first on NBC NEWS

previous post
Rio Silver Receives Conditional Approval for Acquisition of Mamaniña Exploraciones S.A.C.
next post
S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

You may also like

Armenian organized crime rings charged with stealing $83...

May 23, 2025

Dick’s Sporting Goods to buy struggling Foot Locker...

May 16, 2025

Tesla CEO Elon Musk loses bid to get...

December 4, 2024

Women’s Tennis Association extends media rights deal with...

June 27, 2025

Amazon increases average pay for warehouse workers and...

September 20, 2024

JPMorgan begins suing customers who allegedly stole thousands...

October 30, 2024

Sam Altman tells OpenAI staff there’s no plan...

October 1, 2024

Reddit co-founder Alexis Ohanian takes minority stake in...

May 17, 2025

Stellantis laying off 2,450 plant workers due to...

August 11, 2024

Why Honeywell CEO Vimal Kapur doesn’t think the...

October 15, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Group Eleven Drills Best Hole Yet at Ballywire: 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu, incl. 5.6m of 16.6% Zn+Pb, 370 g/t Ag and 0.86% Cu

      July 3, 2025
    • Blue Sky Uranium Acquires Key Subsurface Data for Corcovo Uranium Project, Mendoza Province, Argentina

      July 3, 2025
    • Sun Summit Minerals

      July 3, 2025
    • Aurum Resources

      July 3, 2025
    • High grade gold in early stage drilling at Sandstone

      July 3, 2025
    Promotion Image

    banner ads

    Categories

    • Business (753)
    • Economy (829)
    • Investing (2,331)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved