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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.
Striking Boeing workers reject improved offer of 35% pay rise
Striking Boeing workers turned down the aircraft manufacturer's improved offer of a 35% pay raise over four years, meaning the strike, which
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 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.
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.
12d
Boeing posts $6B quarterly loss as union votes on new contract
As machinists Wednesday prepare to vote to end a months-long strike, Boeing CEO Kelly Ortberg told employees the company is ...
10d
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.
The Manila Times on MSN
7d
Boeing Plans to Launch Effort to Raise Over $15 Billion in Capital as Early as Monday, Source Says
(Reuters) - Boeing is set to launch as early as Monday its plan to raise more than $15 billion in capital, a source briefed ...
12d
Boeing reports $6 billion quarterly loss as union contract vote gets underway
Aircraft machinists are voting on a proposed contract offer that could bring an end to a strike that has gone on for more ...
AeroTime
12d
Boeing posts third-quarter net loss of $6.17 billion driven by ongoing strike
As Boeing reports a $6.17 billion net loss due to IAM strikes, with revenues at $17.8 billion, CEO Kelly Ortberg emphasizes ...
7d
Boeing launches offering to raise roughly $19 billion to shore up finances
Boeing on Monday launched a stock offering that could raise roughly $19 billion as the planemaker looks to strengthen its ...
13d
on MSN
Boeing Q3 Earnings Preview: Brace for another dismal quarter
Boeing’s ( BA) latest projections put its Q3 revenues at $17.8B and GAAP loss at $9.97/share, with a negative operating cash ...
Arise
7d
Boeing To Launch $15 Billion Capital Raise Amid Financial Turmoil
Boeing plans to raise over $15 billion in capital through stock, aiming to stabilise finances amid ongoing strike and losses.
IndustryWeek
13d
Boeing Machinists to Vote on New Contract Wednesday
Over a month into their strike, Boeing workers represented by the IAM have a new tentative agreement in front of them.
3d
Boeing dismantles global diversity, equity and inclusion department, Bloomberg News reports
Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the ...
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