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New Boeing CEO to give clues on company's future, while striking workers vote on new contract
Boeing has already braced investors for a rough quarterly report. Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future.
Boeing workers will vote on a new contract offer to end 7-week-old strike
The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. The union rejected another contract offer in October.
Boeing, striking union hold first meeting since latest contract rejection
A union representing about 33,000 striking U.S. West Coast factory workers said late on Tuesday it had met with Boeing for the first time since members voted down an improved contract offer from the planemaker last week.
Boeing: Strike vote will have no effect on planned layoffs
A simple majority of yes votes would end the strike, and send Machinists back to work. A no vote would extend the strike that has cost the company billions of dollars and led to Boeing launching a $21 billion stock share sale to avoid a credit downgrade.
Boeing Union Endorses Latest Offer to End Crippling Strike
Boeing Co. and union leaders representing 33,000 striking workers reached a tentative agreement to end a lengthy labor dispute that’s crippling the company’s commercial airplane manufacturing.
Striking Boeing union endorses 38% wage hike offer, vote set for Monday
By Allison Lampert, David Shepardson and Dan Catchpole SEATTLE (Reuters) -Striking Boeing workers will vote on Monday on an improved contract offer that includes a 38% pay rise over four years, a larger signing bonus and carries the endorsement of their union,
Boeing raises pay offer in bid to end seven-week strike
Striking Boeing workers are set to vote on a new offer from the aviation giant, which includes a 38% pay rise over the next four years. The International Association of Machinists and Aerospace Workers (IAM) union,
Boeing now offering striking workers 38% pay rise
US aircraft manufacturer Boeing has made an improved offer to thousands of striking workers, including a 38% pay rise over four years, the IAM trade union said on Thursday. The trade union's 33,000 members at Boeing will be asked to vote on the proposal on Monday.
Striking Boeing workers to vote Monday on new pay deal
Striking Boeing workers will vote on Monday on an improved contract offer that includes a 38% pay rise over four years and a larger signing bonus, and carries the endorsement of their union, which told members it had extracted all it could from the planemaker.
9d
on MSN
Boeing and other strikes will take at least a 44,000-job bite out of the October jobs report
Striking workers will take at least a 44,000-job bite out of the October jobs report, according to new data released Friday.
5d
on MSN
Boeing to Raise up to $24.3 Billion to Shore up Finances, Stave off Downgrade
Boeing has never fallen below the investment-grade rating. The planemaker said it had priced its stock offering at $143 per ...
3d
Boeing Dismantles Diversity Department, Bloomberg News Reports
(Reuters) - Boeing has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, ...
IJR
2d
Problem-Riddled Boeing Axes Entire Diversity Division
Top airline manufacturer Boeing dissolved its global diversity, equity, and inclusion (DEI) division amid significant ...
6d
Boeing plans to launch effort to raise over $15 billion in capital as early as Monday, source says
The top three credit rating agencies - S&P, Moody's and Fitch - have said they will cut Boeing's ratings to junk if it raised ...
13d
Boeing proposes 35% wage hike in tentative deal to end strike
The proposal includes a wage increase of 35% over four years. The potential breakthrough ends a lengthy impasse marked by ...
6d
Boeing launches offering of 90 million common shares, $5 billion depositary shares
The move will boost Boeing's battered finances, which have worsened since roughly 33,000 of its workers represented by the ...
11d
on MSN
Boeing at "crossroads" ahead of crucial strike vote
Boeing
boss Kelly Ortberg has warned the company is at ... The company announced plans earlier this month
to cut
roughly ...
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