Boeing offers staff 25% pay hike in bid to avoid strike

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.

Business - CNBC - October 16

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 ...

Israel, Boeing agree to $5.2B deal for 25 F-15 fighter jets

Israel's Ministry of Defense and Boeing agreed to a $5.2 billion deal to acquire 25 F-15 next-generation fighter jets. The Jewish state’s defense ministry said the agreement, signed on Wednesday, ...

Politics - The Hill - 2 days ago

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 ...

World - The Guardian - October 15

Why Boeing workers rejected latest union contract offer

Striking Boeing workers rejected a contract offer that would have provided a pay raise and some improvements to benefits because it did not include a pension, a deal-breaker for many. CBS News' ...

Former CIA chief of staff on the impact of Israel’s retaliatory strikes

Former chief of staff at the CIA and Pentagon Jeremy Bash joins TODAY to discuss the potential long-term impacts of Israel's retaliatory strikes against Iran.

Tube strikes by RMT staff called off after talks

The RMT union calls off Tube strikes by its staff after pay talks with Transport for London.

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.

Business - MarketWatch - October 16

London Tube drivers to strike over pay

London Underground drivers are set to strike on two days in November in a dispute over pay.

London Underground workers to strike over pay

Aslef and RMT unions announce series of walkouts in November

Business - Financial Times - October 16

Israel offers to pay millions of dollars for release of each hostage

World - Yahoo News - 4 days ago

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.

Business - The Wall Street Journal - October 11

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.

Business - The New York Times - October 15

Boeing strike enters second month as workers rally in Seattle

Boeing factory workers held a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker ...

Washington lawmakers press Boeing, union to resolve monthlong strike

Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists around Seattle and Portland, Ore., to resolve the labor dispute. Around ...

Politics - The Hill - October 16

U.S. industrial output falls in September, held down by Boeing strike and hurricanes

U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.

Business - MarketWatch - October 17

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.

Business - CNBC - October 18

Spirit to furlough hundreds as Boeing strike’s effects feed through supply chain

Measure could spread to further staff if strike goes on beyond November

Business - Financial Times - October 18

Boeing’s labor strike is forcing this company to send hundreds of employees home

Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing’s machinists.

Business - MarketWatch - October 18

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday.

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 ...

Politics - The Hill - October 18

Boeing and union reach tentative wage deal to end strike

Boeing and its machinists union have reached a tentative agreement that could end a strike that has halted most production in the past month.

Business - MarketWatch - October 21

Boeing workers to vote on new proposal that could end strike

Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ ...

Boeing and Union Leaders Reach New Proposal to End Strike

The deal reached by the machinists union, which represents more than 33,000 workers, would cumulatively raise wages by nearly 40 percent over four years, according to details shared by the union.

Business - The New York Times - October 19

Boeing workers to vote on ending strike in critical week for plane maker

Union members to consider offer on Wednesday that could restart production stalled for more than a month

Business - Financial Times - October 20

Boeing machinists to vote on new proposal with 35% raises that could end strike

The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing bonus of $7,000 and more.

Business - CNBC - October 21

Boeing workers to vote next week on a new proposal that could end strike

The International Association of Machinists and Aerospace Workers said early Saturday that it plans to hold a ratification vote on Wednesday that could end the Boeing strike.

Boeing, machinists' union reach tentative deal that could end strike

Aircraft manufacturing giant Boeing and the union representing about 33,000 striking machinists reached a tentative agreement Saturday on a new contract that, if ratified, would end a strike which ...

Boeing is about to show a big quarterly loss as investors wait for the strike to end

If union members agree to end the strike “the supply chain, investors, and Boeing will share a collective sigh of relief.”

Business - MarketWatch - October 23

Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms

As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.

Business - The New York Times - October 23

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.

Boeing workers voting on new contract that could end strike

Boeing workers are voting Wednesday on a new contract to end a six week strike that has cost the company billions. The four-year deal includes a 35% pay hike, a signing bonus and improved health ...

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 ...

Latest in Boeing offers staff 25% pay hike in bid to avoid strike

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing to raise as much as $25 billion to shore up balance sheet

Israel, Boeing agree to $5.2B deal for 25 F-15 fighter jets

Boeing seeks to raise up to $25bn through stock and debt offering

Why Boeing workers rejected latest union contract offer

Former CIA chief of staff on the impact of Israel’s retaliatory strikes

Tube strikes by RMT staff called off after talks

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

London Tube drivers to strike over pay

London Underground workers to strike over pay

Israel offers to pay millions of dollars for release of each hostage

Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

Boeing strike enters second month as workers rally in Seattle

Washington lawmakers press Boeing, union to resolve monthlong strike

U.S. industrial output falls in September, held down by Boeing strike and hurricanes

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Spirit to furlough hundreds as Boeing strike’s effects feed through supply chain

Boeing’s labor strike is forcing this company to send hundreds of employees home

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Boeing supplier Spirit Aero to furlough employees amid strike

Boeing and union reach tentative wage deal to end strike

Boeing workers to vote on new proposal that could end strike

Boeing and Union Leaders Reach New Proposal to End Strike

Boeing workers to vote on ending strike in critical week for plane maker

Boeing machinists to vote on new proposal with 35% raises that could end strike

Boeing workers to vote next week on a new proposal that could end strike

Boeing, machinists' union reach tentative deal that could end strike

Boeing is about to show a big quarterly loss as investors wait for the strike to end

Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing workers voting on new contract that could end strike

Boeing workers to vote on ending strike as company reports billions in quarterly losses

Topics