News > News

Boeing pays $200 million to settle SEC charges over 737 Max safety claims

13 days ago   |   By

Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled investors about the safety of its 737 Max after two of the
Read more ...

 

Boeing pays $200 million to settle SEC charges over 737 Max

Boeing pays $200 million to settle SEC charges over 737 Max

13 days ago   |   By

Boeing Co. will pay $200 million to settle charges that the company and its former CEO misled investors about the safety of its 737 Max after two of the airliners crashed, killing 346 people.
The Securities and Exchange Commission said Thursday that it charged the aircraft maker and former CEO Dennis Muilenburg with making significant misleading public statements about the plane and an automated flight-control system that was implicated in the crashes in Indonesia and Ethiopia.
Neither Boeing nor Muilenburg admitted wrongdoing, but they offered to settle and pay penalties, including $1...
Read more ...

 

Boeing Will Pay $200 Million After SEC Says It Misled Investors About 737 MAX Crashes

13 days ago   |   By

Boeing's 737 MAX jets were grounded for nearly two years after two deadly crashes in 2018 and 2019-and on Thursday, the company resolved claims that it misled investors in the early months of that crisis.
Read more ...

 

Boeing Reaches $200 Million Settlement With Regulators Over Its 737 Max

13 days ago   |   By

The S.E.C. said Boeing had misled investors by suggesting that human error was to blame for two deadly crashes, and omitting the company's concerns about the plane.
Read more ...

 


Search by Tags

   News      Business      Business      Breaking      Breaking-news      Airlines and Airplanes      Corporate Social Responsibility      Aviation Accidents      Safety and Disasters      Compensation for Damages      Regulation and Deregulation of Industry      Securities and Commodities Violations      Boeing 737 Max Groundings and Safety Concerns      Deaths      Muilenburg      Dennis A      Gensler      Gary S      Ethiopia      Indonesia  


Video: Sunshine returns with temps in 70s

Video: Sunshine returns with temps in 70s

Get the latest Boston-area weather forecast. Read more ...

Hilary Swank talks filming new series while expecting twins

Hilary Swank talks filming new series while expecting twins

Hilary Swank has announced she's pregnant with twins and says that revelation might explain some of her actions on set of her new ABC series “ Alaska Daily .” “You don't tell... Read more ...

Man dies after falling from Myrtle Beach balcony while doing handstand...

Man dies after falling from Myrtle Beach balcony while doing handstand during Hurricane Ian

A man died after falling from a balcony in Myrtle Beach while trying to do a handstand during Hurricane Ian, according to the Horry County Coroner's Office. Read more ...

Hundreds of fans camp outside United Center for Harry Styles

Hundreds of fans camp outside United Center for Harry Styles

CHICAGO - International superstar Harry Styles is making his way to Chicago for Love On Tour 2022 in support of his new album, Harry's House.' The tour will allow fans to have... Read more ...

Nobel Prize in literature goes to French writer Annie Ernaux

Nobel Prize in literature goes to French writer Annie Ernaux

STOCKHOLM - French author Annie Ernaux was awarded this year's Nobel Prize in literature for "the courage and clinical acuity with which she uncovers the roots, estrangements... Read more ...

Thursday Forecast: Mostly cloudy and some rain showers

Thursday Forecast: Mostly cloudy and some rain showers

Thursday: Mostly cloudy, rain showers, temp drop later, high: 72 Thursday night: Mostly cloudy, showers, low: 44 Friday: Mostly cloudy, morning rain, high: 53 Love the WGN... Read more ...

Suspected White Supremacist Involved In Brutal Ax Attack On Black Man Faces...

Suspected White Supremacist Involved In Brutal Ax Attack On Black Man Faces 10 Years In Prison For Racist Hate Crime

A Florida man is facing 10 years in prison after pleading guilty to a federal hate crime for brutally attacking a Black man simply because of the color of his skin. Robert... Read more ...

'A good year': Recent weather helps Story County farmer during harvest

'A good year': Recent weather helps Story County farmer during harvest

The little bit of rain we got Wednesday morning was enough to keep farmers out of their fields. But the day off was actually just what they needed. Read more ...

Protester files police report after being floored by NFL star

Protester files police report after being floored by NFL star

An animal rights protester has initiated legal proceedings against Los Angeles Rams star Bobby Wagner Star NFL player Bobby Wagner says he isn't concerned by a police report... Read more ...

Russia ready to send gas to Europe via Nord Stream 2 - Moscow

Russia ready to send gas to Europe via Nord Stream 2 - Moscow

Supplies are possible through the undamaged string of the pipeline, according to Russia's deputy prime minister Russia is able to supply gas to Europe through a string of the... Read more ...