Boeing violated a 2021 deferred prosecution agreement that protected it from criminal charges tied to the fatal 737 Max crashes, the Department of Justice said Tuesday.
Category Archives: business
‘Was it a lie?’: Michael Cohen faces tense questioning on Day 17 of Trump’s hush money trial
Trump defense lawyer Todd Blanche bounced around to different topics trying to undermine Cohen’s credibility during cross-examination in the hush money trial.
Federal student loans this fall will have the highest interest rate in more than a decade
The interest rate on many new federal student loans will reach its highest level in over a decade next year, as lenders seek higher returns.
Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again
Participants in the meme-stock mania have demonstrated an almost cult-like ability to imagine scenarios where the firms’ fortunes can be revived, creating astounding — and almost entirely speculative — run-ups in their share prices.
Disney+ will stream Caitlin Clark’s WNBA debut in the platform’s first live sports event
The WNBA regular season opens Tuesday night with breakout star Caitlin Clark making her debut as point guard for the Indiana Fever.
Walmart is laying off and relocating hundreds of corporate workers
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.
China-linked group uses malware to try to spy on commercial shipping, new report says
For the first time a China-aligned group has used malware to try to conduct cyber espionage against cargo ships in Europe, says a new cybersecurity firm report.
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.
Silver lining for consumers: Food price growth has gone flat and other prices are falling
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer worries as the costs of housing and other services have continued to climb.
Red Lobster closing at least 99 locations as its future comes into question
At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future.