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- Yahoo Finance
Boeing on edge as it awaits fateful decision from DOJ
Justice Department officials have to decide whether to criminally charge Boeing, which would be a devastating blow for a giant manufacturer that serves as America's largest exporter.
- Reuters
US prosecutors meeting with Boeing, crash victims as criminal charging decision looms, sources say
NEW YORK (Reuters) -U.S. prosecutors are meeting with Boeing and fatal-crash victims' relatives as a July 7 deadline looms for the Justice Department to decide whether to criminally charge the planemaker, according to two people familiar with the matter and correspondence reviewed by Reuters. Justice Department officials met with Boeing lawyers on Thursday to discuss the government’s finding that the company violated a 2021 agreement with the department, one of the sources said. Separately, federal prosecutors are slated to meet with victims’ family members on Sunday to update them on the progress of their investigation, according to the second person.
- CNN Business
Here’s what it means when a company like Boeing faces criminal charges
Criminal charges against a corporation, like the ones the Justice Department is considering bringing against Boeing, would be a serious blow, worsening the company’s already precarious financial situation and further damaging its battered reputation. But it wouldn’t necessarily result in past or current executives facing prison time.
