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Today in the Boeing soap opera we learn that the plane corporation, which in 2001 treated Seattle like a burnt piece of bacon and moved to Chicago, a city Carl Sandburg described as the "Hog Butcher for the World," is now moving to the DC area. It wants to be close to government cheese because, clearly, it has no future in the market. Chicago Tribune: Twenty-one years after Boeing arrived in Chicago, the defense contractor.
A judge has approved a $237.5 million settlement of a lawsuit in which Boeing investors accused company board members of failing to properly oversee safety issues around the 737 Max before two of the planes crashed, killing 346 people. The investors filed the so-called derivative lawsuit on behalf of Boeing. Insurers for several current and former Boeing directors will pay the settlement to Boeing.
A judge has approved a $237.5 million settlement of a lawsuit in which Boeing investors accused company board members of failing to properly oversee safety issues around the 737 Max before two of the planes crashed, killing 346 people.