The U.S. Justice Division advised a federal decide in Texas it hasn’t determined whether or not to enter into an settlement with Boeing Co. that may drop a felony cost associated to 2 deadly 737 Max crashes, and that federal prosecutors are giving the households of victims one other probability to weigh in.
Authorities legal professionals briefed the households for 2 hours on Friday on a “possible framework” for a non-prosecution settlement with Boeing, however stated no draft settlement has been exchanged between the corporate and prosecutors, in accordance with a court docket submitting Saturday to U.S. District Decide Reed O’Connor, who has been overseeing the long-running felony proceedings tied to the crashes in 2018 and 2019.
The case is being intently watched as a bellwether for the way the Justice Division underneath President Donald Trump handles high-profile company prosecutions. Final yr, underneath the Biden administration, Boeing agreed to plead responsible to felony conspiracy and pay a fantastic, however that deal was scrapped by O’Connor, who objected to elements of the settlement. Boeing and the Justice Division have been in talks on a revised settlement.
Buffett can be again, however no questions
Billionaire Warren Buffett plans to attend, however not take questions, at subsequent yr’s Berkshire Hathaway shareholder assembly — an enormous change following his latest shock retirement announcement.
Buffett’s handpicked successor, Greg Abel, advised the Omaha World-Herald that Berkshire plans a shareholder assembly for the primary weekend of Might that may have a question-and-answer session.
However Buffett, who plans to stay as Berkshire’s chairman, plans to sit down with the conglomerate’s board of administrators and never be on stage taking questions.
The annual shareholder assembly attracts some 40,000 folks to Omaha in what’s been dubbed “Woodstock for Capitalists.”
