DOJ fines Boeing over $2.5B for fraud over 737 crashes
Yahoo Finance's Jared Blikre joined Yahoo FInance Live to break down the breaking news regarding the DOJ fining Boeing over $2.5B for fraud over 737 crashes.
Video Transcript
- I also want to get to some breaking news on Boeing. Now, we just got word that they have settled on the 737 Max fraud case. And they're paying $2.5 billion. And they had already set aside $1.77 billion as part of that projected settlement.
So this is a little bit more than expected. Boeing is actually off just a little bit right now in the post market. And we're gonna get those figures right now. Off about 2 and 1/2% looks like right here. Guys?