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Wednesday, March 20, 2019

Boeing drops on report FBI is joining criminal investigation into certification of Boeing 737 Max

Shares of Boeing tumbled in after-market trading Wednesday on news that the FBI has reportedly joined in a criminal investigation of the certification process for the company's 737 Max jets, two of which crashed over the last five months killing 346 people.

The Department of Transportation on Tuesday asked the agency's watchdog to audit the Federal Aviation Administration's approval of Boeing's 737 Max 8 aircraft after two fatal crashes of the new and fast-selling planes in less than five months killed 346 people.

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