The Presidential Daily Brief

intriguing

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    Boeing Offers $100 Million to Relatives of Crash Victims 

    The Chicago-based planemaker has pledged a $100 million fund for families and communities affected by the two crashes of 737 Max jets within a span of five months, saying the money will support “education, hardship and living expenses.” But Sanjiv Singh, a lawyer representing families of crash victims, said he was “suspicious” of the offer, calling it “a child-size band-aid on a deep gaping wound.”

    What about Boeing’s legal troubles? The company acknowledges the fund is separate from the estimated $1 billion it’ll likely pay to settle dozens of lawsuits.

    Don’t miss OZY’s Special Briefing on whether Boeing will ever soar again.

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