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March 15, 2019, 10:47 a.m. EDT

Weekend roundup: Bad times for Boeing | More about the college admissions scam | The world’s favorite cities

Also, good news for GE shareholders, an index that blows away the S&P 500, and how women can get better advice from financial advisers

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By Philip van Doorn, MarketWatch


Getty Images
A Boeing employee works on the fuselage of a 737 MAX 9 test plane. The FAA has grounded all 737 MAX airplanes, following two fatal accidents.

MarketWatch rounds up 10 of its most interesting topics over the past week.

1. Boeing’s slide and the aftermath

It took a few days, but the U.S. followed many other countries when the Federal Aviation Administration grounded Boeing’s 737 MAX airplanes after the crash of an Ethiopian Airlines 737 Max 8 that killed 157 people. Shares of Boeing /zigman2/quotes/208579720/composite BA +0.17%  closed at $373.30 Thursday, down 16% from the all-time intraday high of $446.01 they hit on March 1. Here’s what analysts expect from Boeing’s damage-control efforts.

Here’s a selection of MarketWatch’s coverage of the most recent tragedy, the response from regulators and what the aftermath may mean for Boeing and investors:

• Boeing 737 Max’s world gets awfully small after President Trump ground jets

• Boeing’s reputation at risk following fatal crashes, but the company has overcome crises before

• As Congress readies for hearings, here’s a look at Boeing’s influence in Washington

• Barron’s: How Boeing Stock Investors Can Hedge Their Bets

2. College scandal: The devil is in the details

Federal prosecutors have said that their investigation of the college admissions racket continues; the 50 arrests so far may be the tip of the iceberg. Here are details explaining how a $1.2 million bribe was arranged in exchange for admission to Yale and the parent behind it.

More on college admission bribes and what led to them:

• Taxpayers may have paid $10 million to help wealthy families bribe their way into elite schools

• College counselors say wealthy parents regularly ask for illegal ‘backdoors’ to get their children into college

• Meet the YouTube star caught up in the admissions scam who once said she only cares about ‘game days’ and ‘partying’

• 5 legitimate charities that help low-income students get into college

/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 387.06
+0.65 +0.17%
Volume: 956,709
Sept. 19, 2019 11:25a
P/E Ratio
45.27
Dividend Yield
2.13%
Market Cap
$217.44 billion
Rev. per Employee
$660,961
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