Page 8 - Bluebarronphoto Shutterstock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Bluebarronphoto shutterstock. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Bluebarronphoto Shutterstock Today - Breaking & Trending Today

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

The Securities and Exchange Commission said Thursday that it charged the aircraft maker Boeing 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. 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. While neither Boeing nor Muilenburg admitted wrongdoing, they offered to settle and pay penalties, including $1 million to be paid by Muilenburg, who was ousted in December 2019, nine months after the second crash. The SEC said Boeing and Muilenburg knew that the flight system, known as MCAS, posed a safety issue but promised the public that the plane was safe. The SEC said they also falsely claimed that there had been no gaps in the process of certifying the plane in the first place. Boeing said it has m ....

Bluebarronphoto Shutterstock , Dennis Muilenburg , Exchange Commission ,

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

The Securities and Exchange Commission said Thursday that it charged the aircraft maker Boeing and former CEO Dennis Muilenburg with making significant misleading public statements about the plane and an automated flight-control system that was implicated in ....

Bluebarronphoto Shutterstock , Dennis Muilenburg , Exchange Commission ,