The 737 Max crisis costs continues to climb two years after the second fatal crash
CNN
Wednesday marked a grim anniversary for Boeing and hundreds of families worldwide -- two years since the fatal crash of a 737 Max flown by Ethiopian Airlines that killed all 157 people on board. While the human toll outweighs the financial accounting of the crisis, the dollar cost is likely to make Boeing's 737 Max safety issues one of the most costly corporate mistakes ever.
Boeing (BA) has already detailed about $21 billion in costs associated with the crisis, including nearly $9 billion in compensation for airlines that couldn't or still can't use those jets, and about $11 billion in increased production costs associated with the slower rate of building that will last for years. And then there are the $744 million in additional costs -- so far -- mostly from storing hundreds of Max jets built during the grounding that Boeing couldn't deliver. Even with Boeing customers now getting those planes, it will be well into 2023 before airlines take possession of them.
Jeffrey Epstein’s longtime employee and attorney Darren Indyke testified on Thursday that he “had no knowledge whatsoever” of the convicted sex offender’s wrongdoing and rejected “any suggestion” he assisted or facilitated his former boss’ crimes.
Democratic Sen. John Fetterman cast the deciding vote Thursday to advance Markwayne Mullin’s nomination to serve as US Department of Homeland Security secretary, crossing party lines to send President Donald Trump’s nominee to the full Senate for consideration.
A US F-35 fighter jet made an emergency landing at US air base in the Middle East after it was struck by what is believed to be Iranian fire, according to two sources familiar with the matter.
In 2025 a record number of more than 22,000 Cubans arrived in Uruguay, according to to the National Migration Agency. CNN’s Dario Klein reports.
For over a month, Transportation Security Administration employees have been showing up to work at US airports without getting paid.
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Both President Donald Trump and first lady Melania Trump have encouraged Susie Wiles to take the time she needs away from the White House to deal with her treatment, but Wiles argued she does not plan to do so, people familiar said.
A transparency law passed by Congress has forced the release of more Epstein files than ever before, but some lawmakers and victims are exploring ways to push the Justice Department to disclose even more information from the voluminous trove that’s being withheld.
Former US National Counterterrorism Center Director Joe Kent sat Wednesday for an extensive interview with former Fox News host and right-wing podcaster Tucker Carlson, his first public comments since he resigned from his post, citing concerns about the war with Iran.
When Attorney General Pam Bondi and Deputy Attorney General Todd Blanche arrived on Capitol Hill Wednesday afternoon, they hoped to boost members’ confidence on their handling of the Jeffrey Epstein investigation. Within half an hour, Democratic lawmakers had walked out.
Cuba is going dark under US pressure. How the crisis unfolded and why its troubles are far from over
Almost three months after the US effectively imposed an oil blockade on Cuba that worsened its energy crunch, nearly every aspect of Cuban society has been feeling the strain.
The Department of Homeland Security has been ensnared by a partial government shutdown as Congress did not act to fund the agency by the end of Friday. But nearly all DHS workers will remain on the job — even if many won’t get paid until the lapse ends — and the public probably won’t notice much of a change.
The USS Gerald R. Ford aircraft carrier is moving away from operations tied to the Iran war and sailing to the US Navy’s base in Crete for repairs after a fire broke out in the ship’s laundry area last week, a US official said.