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Briefly: Boeing finds wiring flaw on 737 Max planes

March 10, 2026

Boeing Co. shares fell after it said a wiring flaw found on its 737 Max will delay some deliveries of the cash-cow narrowbody jet.

The US planemaker said its overall delivery target of roughly 500 of the 737 jets for the year remains unchanged despite the quality lapse, disclosed on Tuesday as the company reported monthly orders and deliveries.

“Our 737 program is performing rework on a group of airplanes to fix wires that have small scratches due to a machining error,” a Boeing spokeswoman said in a statement. “This ensures they meet our quality standards before the airplanes are delivered.”

Boeing’s shares fell 3.2% in New York trading on Tuesday, the most since Nov. 20.

Production of new 737 MAX airplanes continues at the existing rate, Boeing said. The planemaker didn’t disclose how many aircraft were affected by the lapse. The company said it expects fixes to the scratches in the wiring of some undelivered planes will be completed in a matter of days.

The US Federal Aviation Administration said it is investigating the issue but declined to comment further.

California solar exec sentenced in scheme

An attorney for a California solar power company has been sentenced to 11 years and five months in prison for helping orchestrate a $1 billion fraud scheme, federal prosecutors said.

Ari Lauer, 61, pleaded guilty in October to 23 felony counts including bank fraud and wire fraud, the U.S. Attorney’s Office said in a statement. He was sentenced on Monday.

Lauer was outside counsel for DC Solar, based in Benicia in the San Francisco Bay Area. Between 2011 and 2018, the company marketed mobile solar generator units. The firm touted the trailer-mounted units as being able to provide emergency power for cellphone companies or lighting at sporting and other events.

But executives started telling investors they could benefit from federal tax credits by buying the generators and leasing them back to DC Solar, which would then provide them to other companies for their use, prosecutors said.

In reality, DC Solar sold more generators than it made, used phony financial statements and lease contracts to conceal the fraud and in a classic Ponzi scheme repaid early investors with money from later ones, prosecutors said.

About 9,000 of the approximately 17,000 generators that DC Solar claimed to have made didn’t exist, according to prosecutors.

Live Nation judge orders more settlement talks

A New York federal judge ordered a group of states to engage in settlement talks with Live Nation Entertainment Inc. to potentially resolve claims the company illegally monopolized the live event industry.

US District Judge Arun Subramanian declined to rule on a request by 27 states and Washington, DC, for a mistrial of the case after the Justice Department reached its own settlement directly with the company. Instead, he ordered the states to negotiate a potential resolution with Live Nation. If no settlement is reached, a jury trial in the case may continue next week, he said.

“It’s unclear to me why you would need anything more than the right people, here, in court,” Subramanian said. He ordered Live Nation Chief Executive Officer Michael Rapino to remain in New York for the negotiations this week.

The Justice Department announced Monday that it had reached a settlement with Live Nation to resolve the antitrust suit without the need for a sale of its Ticketmaster subsidiary the main relief originally sought in the case. Subramanian must still review that settlement to ensure it is in the public interest before it is final.

Compiled from Bloomberg and Associated Press reports.

Orange County Register

News Details

Briefly: Boeing finds wiring flaw on 737 Max planes

California solar exec sentenced in scheme

Live Nation judge orders more settlement talks

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