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Boeing on hook for $1 billion a month because of strike
Talks between Boeing and the machinists union break down as strike nears the one-month mark
Boeing and the union that represents 33,000 striking employees at the company say talks between the two have broken down and no new talks are scheduled.
Boeing Worker Strike Costs It $1 Billion a Month
A worker strike is costing Boeing $1 billion per month. That and other problems have driven its stock down sharply this year.
Boeing Suspends Negotiations With Striking Workers
Negotiations broke down between Boeing and its largest union, eroding hopes of a quick end to a strike that has halted production of most airplanes. Shares fell about 2% in premarket trading. Each side accused the other of refusing to budge late Tuesday.
Boeing strike has no end in sight
The Boeing strike has no end in sight
Boeing (BA) on Tuesday withdrew its latest offer to union machinists after negotiations broke down as their strike heads into its fourth week.
Boeing deliveries lag amid ongoing Machinists strike
Boeing delivered fewer airplanes in September compared with recent months and past years, as it felt the first effects of the ongoing Machinists strike.
Strikes threaten Boeing’s bottom line
Plus, activist investor Starboard Value has built a $1bn position in struggling drugmaker Pfizer, and tens of thousands of striking machinists are threatening Boeing’s recovery. “You only go to the party if everyone is going”: finance bosses shun COP29 The FT News Briefing is produced by Niamh Rowe,
2h
on MSN
Boeing halts talks, withdraws pay offer to union as strike drags on
Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially ...
1h
Boeing Strike, Nvidia Highs And FOMC Minutes
A couple weeks ago I made the comment that it felt as if China was throwing everything, including the kitchen sink, at their ...
1h
on MSN
Boeing withdraws contract offer after talks with striking workers break down
Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke ...
7m
Boeing withdraws 30% pay raise as contract talks fizzle
Contract negotiations between Boeing and its striking union broke down Tuesday, with the company pulling back its latest ...
3h
5 things to know for Oct. 9: Hurricane Milton, Gaza evacuations, National debt, Boeing strike, North Korea
More than 1,600 gas stations in Florida have run out of fuel as residents in Hurricane Milton’s path try to evacuate.
14h
Boeing at risk of junk rating with S&P amid strike
S&P Global Ratings is looking at downgrading Boeing's credit grades to junk, citing the planemaker's growing cash needs as it ...
23h
Boeing Cautions on Deliveries After Strike Curbs Aircraft Output
Boeing Co. managed to hand over 33 aircraft to customers in September, when a strike shut down large parts of its ...
1d
Boeing delivers 33 jets in September as strike weighs on output
Boeing said on Tuesday it delivered 33 jets in September, down from 40 plane deliveries in August, as a strike mid-month by ...
1h
Boeing Stock Faces Strike Turbulence As Potential Credit Downgrade Looms
Boeing Chief Operating Officer Stephanie Pope said the company is considering selling $10 billion of new stock to offset the ...
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