Photo: Stephen Brashear/Getty Images

Boeing said Monday night it was upgrading the software of its 737 Max 8s — the aircraft involved in two recent fatal crashes that prompted a raft of airlines to ground the jets.

What they're saying: "Boeing has been working closely with the Federal Aviation Administration (FAA) on development, planning and certification of the software enhancement, and it will be deployed across the 737 MAX fleet in the coming weeks," the American multinational company said in a statement. "The FAA says it anticipates mandating this software enhancement with an Airworthiness Directive (AD) no later than April."

Details: Boeing said it had been working in the months following October’s Lion Air Flight crash on developing a flight control software enhancement for the jets. It did not directly link the upgrade to Sunday’s Ethiopian Airlines crash, but it did express condolences to the families of the 157 people who died in the tragedy. The causes of the two crashes have yet to be determined. Boeing's statement came hours after the Federal Aviation Administration (FAA) said the Max 8s were safe and as more airlines announced they were grounding the planes.

Go deeper: Boeing's back-to-back 737 MAX 8 crashes are a nightmare scenario

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.