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Boeing Withdraws Contract Offer

Barron's on MSN · 1h

Boeing Stock Is Falling. Talks With the Union Have Broken Down.

Boeing stock was falling in premarket trading Wednesday after the company said talks with its striking labor union weren’t going well. Shares of aerospace giant Boeing were down 1.7% at $152.06. S&P 500 and Dow Jones Industrial Average futures were both down 0.

The Associated Press on MSN · 1h

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Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down.

Hosted on MSN · 1h

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 on hook for $1 billion a month because of strike

Bloomberg L.P. · 18h

Boeing at Risk of Junk Rating With S&P Amid Strike

Boeing Co. is at risk of losing its investment-grade credit rating with S&P Global Ratings, which put the planemaker on so-called credit watch for a downgrade as the company continues to suffer from the fallout of a protracted labor strike.

24/7 Wall St · 2h

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.

MarketWatch on MSN · 12h

Boeing on the hook for $1 billion a month because of strike, as S&P frets anew

Ratings agency S&P Global Ratings late Tuesday put a price tag on Boeing Co.’s ongoing machinists strike, estimating that it is costing more than $1 billion a month even after furloughs and other cost-saving moves that the aerospace and defense company has put in place.

Boeing Cautions on Deliveries

Bloomberg on MSN · 22h

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 manufacturing, while warning that the work stoppage at its main production hub in the Seattle area will reduce future deliveries.

Seattle Times · 23h

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.

The Financial Times · 1d

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,

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 ...

5hon MSN

Boeing's latest headache: a possible junk downgrade

S&P Global Ratings is considering downgrading its bonds to junk status — and Moody's said last month that it too was eyeing a ...

5h

Months Before Ethiopian Crash, Boeing Turned Aside Carrier’s Questions

Ethiopian Airlines appeared to foresee the deadly confusion its pilots would face if flawed software in the Boeing 737 Max ...

1hon MSN

These Stocks Are Moving the Most Today: Alphabet, Boeing, Palantir, Nvidia, DJT, Tesla, Arcadium Lithium, and More

The Justice Department considers a breakup of Google, Boeing withdraws its recent offer to the union and its credit rating is ...

1d

Aerospace Supplier Senior Plunges As Boeing, Airbus Cut Output

Aerospace parts supplier Senior Plc fell the most in more than four years after the company warned of lower near-term sales ...

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