Boeing to plead guilty to fraud; Paramount, Skydance agree to merger | Business Matters (July 8)

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 (DOJ) said in a July 7 filing.Paramount Global’s board of directors has approved a merger with Skydance Media, endorsing a deal that would combine one of Hollywood’s oldest studios with the up-and-coming production company.According to the Transportation Security Administration, this July 4th holiday weekend hit a new all-time travel record.The TSA says it screened upwards of three million passengers for the first time ever on Sunday.