Latest in Boeing Will Sell $19 Billion in Stock Amid Costly Strike
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Business - Inc.
Beleaguered Boeing Sells More Shares to Raise Cash
As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.2 hours ago -
World - The Guardian
Boeing to raise up to $19bn amid costly strike and safety crisis
US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet. Business live – latest updates Boeing has announced moves to raise as much as $19bn ...4 hours ago -
Business - The New York Times
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.4 hours ago -
Business - MarketWatch
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.5 hours ago -
Business - MarketWatch
Boeing considers selling storied space business, WSJ reports
A sale would include the troubled Starliner space vehicle and operations supporting the International Space Station, the Wall Street Journal reported.3 days ago -
Top stories - CBS News
Pension plan a sticking point for Boeing machinists on strike
The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what ...3 days ago -
Top stories - CBS News
Strike continues after Boeing workers reject deal
About 33,000 Boeing machinists remain on strike after they voted to reject a deal their union leadership had reached with the aircraft manufacturing giant. Kris Van Cleave takes a look at why they ...3 days ago -
Business - Inc.
Boeing Workers Reject Pay Offer as Strike Continues
Strikers rejected a proposal for a 35 percent pay increase over four years by a nearly two-thirds margin.4 days ago -
Top stories - CBS News
Boeing machinists reject new contract, continuing costly walkout
The vote comes more than a month after 33,000 union members overwhelmingly rejected a negotiated offer and walked off the job on Sept. 13.4 days ago -
Business - The Wall Street Journal
Boeing Machinists Reject Contract, Extending Strike
The machinists’ union members voted against a new labor deal and will the extend six-week strike.4 days ago -
Top stories - CBS News
What Boeing is offering to striking machinists
Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave ...4 days ago -
Top stories - BBC News
Lebanon local official says 19 killed in Israeli strike on family's home
Women and children were among the dead following Tuesday's strike in Teffahta, a local official says.4 days ago -
Business - Inc.
Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.5 days ago -
Top stories - CBS News
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...5 days ago -
Business - The Wall Street Journal
Boeing Warns on Cash Burn, Awaits Strike Vote
The jet maker posted its biggest quarterly loss since 2020. Striking union members are voting later on a new contract proposal.5 days ago -
Business - MarketWatch
Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists
Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.5 days ago -
Politics - The Hill
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...5 days ago -
Top stories - CBS News
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.5 days ago -
Business - MarketWatch
Boeing’s stock saw major upside after past strikes, but this time won’t be easy
“There was substantial upside if one bought Boeing stock” during prior strikes in 1989, 1995 and 2005, an analyst says, though a 2008 strike that coincided with the Great Recession was an outlier.October 21 -
Business - Inc.
Boeing to Bring New Offer in Attempt to End Strike
Boeing’s machinist strike is nearing its second month.October 19 -
Business - The Wall Street Journal
Boeing, Union Reach Wage Deal to End Strike
The Jet maker and machinists union reach a tentative deal, including an offer of a 35% wage increase, to end a strike that halted most of the company’s production.October 19 -
Politics - The Hill
Boeing, union reach tentative agreement to halt strike
A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. "We are finalizing the strike settlement ...October 19 -
Business - MarketWatch
How to make money on stocks that look ripe for 2024 tax-loss selling
These 20 stocks are being unfairly punished. They’ll likely bounce back in January.October 19 -
Politics - The Hill
Boeing supplier Spirit Aero to furlough employees amid strike
Spirit AeroSystems announced plans to furlough 700 workers for 21 days Friday due to the ongoing Boeing employee strike. The company’s hourly direct, support functions and management employees in ...October 18 -
Business - CNBC
Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.October 18 -
Top stories - NBC News
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.October 18 -
Business - Inc.
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.October 17 -
Business - MarketWatch
Novavax’s stock slides 19% after FDA puts clinical hold on COVID and flu vaccine candidates
Novavax Inc.’s stock tumbled 19% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a ...October 17 -
Politics - The Hill
Lawmakers press Boeing to resolve monthlong strike
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic lawmakers in ...October 16 -
Business - MarketWatch
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.October 16 -
Business - CNBC
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.October 16 -
Business - The Wall Street Journal
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.October 15 -
Top stories - NBC News
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...October 15 -
Business - The New York Times
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.October 15 -
World - The Guardian
Boeing seeks to raise up to $25bn through stock and debt offering
Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...October 15 -
Business - MarketWatch
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.October 14 -
Business - The Wall Street Journal
Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production
The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.October 11