David Schaper

Just in time for pothole season, the latest report card on the nation's infrastructure shows that the needs are great but funding is lacking.

Many of the country's roads, bridges, airports, dams, levees and water systems are aging and in poor to mediocre condition. And they're in need of a major federal investment to keep from getting worse and to withstand the harsh effects of a changing climate, according to the American Society of Civil Engineers.

Recent promising vaccine news has many people hoping to finally see the light at the end of the pandemic tunnel, and maybe even daring to think about getting on a plane bound for snowy mountains, a tropical beach, or just anywhere.

The Pizzarello family in the Virginia suburbs of Washington, D.C., is among them. They love to travel. So much so that, Ed, the patriarch, has been hesitant to even bring up the subject during the pandemic so that his 14-year old daughter and 10-year-old son wouldn't get their hopes up.

Boeing is trying to close the books on a dismal year. The aircraft manufacturer Wednesday reported that the company lost close to $12 billion in 2020, a record loss, as the pandemic depressed demand for new airplanes and the company continued to reel from its 737 Max debacle.

Calling it "a year like no other," Boeing CEO Dave Calhoun started a conference call on the company's 2020 financial results by stating an obvious but painful truth.

"2020 was a historically challenging year for our world, for our industry (and) for our business," Calhoun said.

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Boeing is closing the books on a dismal year. The aircraft manufacturer lost a record $12 billion in 2020, and the company is now looking to recover from both the pandemic and its 737 Max debacle. NPR's David Schaper reports.

Boeing will pay more than $2.5 billion to settle a criminal charge related to the two 737 Max plane crashes in 2018 and 2019 that killed 346 people.

The Justice Department has announced that it has reached a deferred prosecution agreement with Boeing to resolve a charge of criminal conspiracy to defraud the FAA.

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