Boeing Sanctioned by US Government; Home Prices to Stay High: BOA; Walgreens Shares Fall 20 Percent | Business Matters Full Broadcast (June 27)

Don Ma
By Don Ma
June 27, 2024Business Matters
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In a briefing Thursday morning, Boeing spoke about the door plug that flew off a 737 Max back in January. But government safety regulators say Boeing shouldn’t have disclosed some investigative details to the media.

Bank of America says U.S. home prices will stay high and the housing shortage will continue. And, as a kicker, mortgage rates aren’t going to fall much.

Walgreens is set to close a substantial number of its roughly 8,600 locations across the United States. Walgreens shares were down 22 percent Thursday on the news.