Boeing to Plead Guilty to Fraud; Paramount, Skydance Agree to Merger | Business Matters (July 8)

Don Ma
By Don Ma
July 8, 2024Business Matters
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Boeing will plead guilty to a criminal charge of defrauding the U.S. government over the deadly 2018 and 2019 737 Max crashes that killed 346 people, the U.S. Department of Justice said in a July 7 filing.

Paramount Global’s board of directors has approved a merger with Skydance Media, endorsing a deal that will combine one of Hollywood’s oldest studios with the up-and-coming production company.

According to the Transportation Security Administration, this July 4 holiday weekend hit a new all-time travel record. The TSA says it screened upwards of 3 million passengers for the first time ever on Sunday.