Boeing proposes 35% wage hike in tentative deal to end strike
11 hours ago · Solomon Hammond, 33, left, and John Olson, 45, both toolmakers at Boeing’s Renton factory, hold picket signs after union members voted overwhelmingly to reject a contract offer and go on strike ...
Boeing's new proposal may lead to $1 bln in wage-related costs …
14 hours ago · Boeing is expected to book more than $1 billion in wage-related expenses from its proposed labor contract, analysts said, although its shares rose 4% on Monday on hopes of an end to a crippling ...
The Boeing strike could end this week. The stakes are huge - Yahoo
10 hours ago · Boeing’s (BA) future could hang in the balance of a union ratification vote on Wednesday. Over the weekend, the International Association of Machinists and Aerospace Workers (IAM) told its ...
Boeing and Union Leaders Reach New Proposal to End Strike
2 days ago · Boeing later said in securities filings that the strike contributed to decline in revenue that year of about $6.4 billion because it delivered 104 fewer planes than expected.
Boeing makes new offer to union in second month of strike | AP News
2 days ago · Boeing is continuing to build 787 Dreamliners at a nonunion plant in South Carolina. The strike has led new Boeing CEO Kelly Ortberg to announce about 17,000 layoffs and take early steps toward raising up to $25 billion from new …
Striking Boeing Workers Make Earnings a Cliffhanger for CEO
1 day ago · Boeing also said it had a cash outflow of $1.3 billion in the period, adding to the more than $7 billion-drain in the preceding two quarters. With the main results already out, Ortberg will have ...
What Boeing’s massive financial crisis means for you
5 days ago · Boeing’s financial problems are bad news for the US economy. It is the nation’s largest exporter. And more immediately, business in communities where laid-off Boeing employees and strikers...
Boeing’s Bid to End Strike Came With Help From the White House
1 day ago · Boeing’s problems—well, one of them anyway—may be close to a resolution. The planemaker and the union representing 33,000 striking workers reached a tentative accord with help from the White ...
Boeing union members are angry they lost their pension plan.
Sep 22, 2024 · CNN reporter breaks down why union members rejected proposed Boeing contract. 03:13 - Source: CNN. But the fact is that the traditional pension plans, once a staple of the retirement of many...
Boeing Workers Go on Strike: What to Know - The New York Times
Sep 13, 2024 · Boeing is facing a strike that threatens to disrupt plane production, after workers overwhelmingly voted to reject a tentative contract their unions had reached with the company.