AZ Supreme Court Says No to Sweetheart Deals for Private Companies
Estimated Reading Time: 2 minutes In a major victory for taxpayers, the Arizona Supreme Court ruled unanimously today that the city of Peoria violated the state Constitution’s Gift Clause when it gave away nearly $2.6 million to two private businesses who promised nothing in return to the public, but only to run their own businesses for their own private […]
‘Sweetheart Deal:’ Boeing Faces $243M Fine After Agreeing to Plead Guilty to Criminal Fraud in 737 Max Crash Case
Boeing has reportedly agreed to plead guilty to criminal fraud charges related to the deadly 737 Max crashes, a move that will brand the aerospace giant a felon but avoid a trial. The company is likely to be fined $243 million, a tiny fraction of the company’s $78 billion in annual revenue, and victims’ lawyers […]