Latest in Boeing to Begin Temporary Layoffs Due to Strike
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Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
Boeing's CEO Ortberg will answer to investors in his first Oct. 23 earnings presentation as the aerospace giant faces swirling crises.Business - CNBC - October 14 -
Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company
Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.Business - Inc. - October 14 -
Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract.Top stories - NBC News - October 14 -
Boeing strike may end if workers agree to 35% pay raise in upcoming vote
Workers for plane maker have been on strike for a month, adding woe to the struggling company’s many concerns. Boeing workers have tentatively scheduled a vote on a proposed labor deal that could ...World - The Guardian - October 19 -
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.Business - MarketWatch - October 21 -
New Boeing CEO to give clues on company's future, while striking workers vote on new contract
Boeing's CEO Kelly Ortberg faces investors for first time at the helm of the troubled manufacturer.Business - CNBC - October 22 -
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.Top stories - NBC News - October 22 -
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.Business - MarketWatch - October 23 -
Boeing machinists reject new labor contract, extending more than 5-week strike
Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal.Business - CNBC - October 24 -
U.S. added just 12,000 jobs in October, reflecting impact of strikes and 2 devastating hurricanes
The U.S. added just 12,000 jobs last month, a figure economists say was impacted by two hurricanes and a strike.Top stories - NBC News - November 1 -
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.Business - CNBC - November 1 -
Boeing strike ends after machinists approve new labor contract with 38% wage increases
Boeing machinists approved a new labor deal Monday, ending a more than seven-week strike that halted most of the aircraft production at the company that was already struggling with mounting losses.Top stories - NBC News - 4 days ago -
Boeing workers end bitter seven-week strike after clinching new pay deal
Two previous pay offers were voted down in walkout that halted most jet production and deepened a financial crisis at the troubled planemaker. Boeing’s US West Coast factory workers accepted a new ...World - The Guardian - 4 days ago -
OBR expected markets to be ‘surprised by the budget’; markets brace for US election – business live
Rolling coverage of the latest economic and financial news. Associated British Foods, the owner of discount clothing chain Primark, has posted a 43% rise in pre-tax profits for the last year. . ...World - The Guardian - 4 days ago -
Boeing’s stock fails to hold gains after strike ends, but bonds are holding up
Spreads on Boeing’s outstanding bonds are moving tighter on the day after workers voted to end a 53-day strike.Business - MarketWatch - 4 days ago -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
Unemployment Applications Rose, But Layoff Levels Are Low
The four-week average of claims fell by 9,750 to 227,250.Business - Inc. - Yesterday -
Texas judge grants temporary restraining order pausing Robert Roberson's execution
Texas lawmakers filed a subpoena Wednesday in a last-minute effort to delay the execution of Robert Roberson.Top stories - CBS News - October 17 -
Elon Musk says Trump's economic plans could cause 'temporary hardship'
Musk, the world's richest person, is a prominent supporter of Trump.Top stories - ABC News - October 31