Latest in Boeing to raise up to $19bn amid costly strike and safety crisis
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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 ...World - The Guardian - October 28 -
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.Business - The New York Times - October 29 -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Boeing Union Approves New Contract, Ending Costly Strike
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier contract offers.Top stories - The New York Times - November 5 -
Boeing workers vote for 38% pay rise deal to end costly strike
Jet production set to resume after disruption that took estimated $2.7bn tollWorld - Financial Times - November 5 -
Boeing raises pay offer in bid to end seven-week strike
The union representing more than 30,000 striking workers endorsed the offer and will hold a ballot on Monday.Top stories - BBC News - November 1 -
Boeing machinists end strike after approving labor contract with 38% raises
The vote is the third time since September that Boeing's machinists are considering a new labor deal.Business - CNBC - November 5 -
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 - November 5 -
Middle East crisis live: protests in Israel after Benjamin Netanyahu sacks defence minister
Crowds reportedly clash with police outside Israeli prime minister’s home after he sacks Yoav Gallant. Al Jazeera reports that the death toll from an Israeli strike on tents housing displaced ...World - The Guardian - November 6 -
Boeing Union Votes to End Strike
Machinists are set to return to work after ratifying a contract with a 38% pay raise.Business - The Wall Street Journal - November 5 -
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.Business - Inc. - October 28 -
As Recalls Multiply, Ford’s Safety Record Draws Comparisons to Boeing’s
A $165 million fine from the National Highway Traffic Safety Administration for a sluggish recall—one of many in recent years—highlights flaws in the automaker’s production safety record.Business - Inc. - November 15 -
Boeing Makes Another Offer to End Machinists Strike
The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing ...Business - The Wall Street Journal - October 31 -
Boeing Strikers Vote On Contract That Could End Strike
The union supports a pay and retirement proposal that could put factory workers back to work after seven weeks off the job.Business - Inc. - November 4 -
Boeing strike ends as machinists approve new contract
More than 32,000 Boeing machinists are getting back to work after their union signed off on a new contract. CNBC's Karen Gilchrist has all the details on Early Today.Top stories - NBC News - November 5 -
Boeing’s Strike Is Over. What’s Next for the Company?
The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.Business - The New York Times - November 5 -
Safety concerns raised after plane struck by bullet in Dallas
Passengers and crew on a Southwest Airlines flight were moments from takeoff when a bullet struck the right side of the jetliner in Dallas, Texas, on Friday night. Jason Allen reports on this and ...Top stories - CBS News - November 16 -
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.Business - MarketWatch - October 28 -
Boeing’s capital raise provides a breather through next year
Next for Boeing are arriving at an agreement with its striking factory workers and ramping up production.Business - MarketWatch - October 31 -
Raised eyebrows as Boeing reportedly mulls sale of stellar space enterprise
Company that helped build Nasa’s Saturn V rockets said to be keen to focus on fixing problems in core aircraft business. For six decades, Boeing has been among the marquee names in human ...World - The Guardian - November 3 -
Leonardo Revenue Beats Forecasts, But Blames Boeing's Woes For Not Raising Guidance
Growth was fueled by the defense electronics division as well as data processing for intelligence and cyber security. The company’s helicopters unit continued receiving strong orders, Leonardo said.Business - The Wall Street Journal - November 7 -
Ryanair profits plunge amid lower fares and Boeing delays
Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...World - The Guardian - November 4 -
Boeing Will Lay Off Over 2,500 Workers Amid Turnaround Effort
The job cuts, part of a 17,000-strong employee reduction, will hit workers in Washington, Oregon, South Carolina and Missouri.Business - Inc. - 4 days ago -
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.Business - The Wall Street Journal - October 25 -
As Boeing Strike Drags On, Suppliers Worry and White House Weighs In
The Biden administration encouraged striking union workers and company management to keep working to reach a deal.Business - Inc. - October 25 -
October jobs forecast shaved to 110,000 after Boeing strike and hurricanes
The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...Business - MarketWatch - October 31 -
Boeing strike will dent last jobs report before election
Some 44,000 U.S. workers, most at Boeing, were on strike during the jobs report tally, according to the U.S. Labor Department.Business - CNBC - October 31 -
Boeing union backs sweetened contract offer that could end strike, sets vote for Monday
The unionized machinists walked off the job on Sept. 13, halting most of Boeing's aircraft production.Business - CNBC - November 1 -
Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.Business - The New York Times - October 31 -
U.S. job growth in October hampered by hurricanes and Boeing strike
The Labor Department has released October's jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch ...Top stories - CBS News - November 1 -
How Ending Boeing’s Strike Might Benefit Harris—and Hard-Hit Suppliers
The strikers’ union has urged members to accept Boeing’s new contract proposal. That would be great news for idled suppliers—and may give Kamala Harris’s presidential bid a boost in swing states.Business - Inc. - November 1 -
Boeing’s bonds are offering juicy yields as hopes build for end to machinists strike
Boeing’s stock rose Friday on hopes for an end to a costly strike as members of its machinists union geared up for a third contract vote on Monday, but its bonds were also looking attractive.Business - MarketWatch - November 2 -
Boeing offers new deal to end 7-week strike: What to know
Striking Boeing machinists are set to vote Monday on a new agreement that could bring an over 7-week-long strike to its end. The International Association of Machinists (IAM), which represents the ...Politics - The Hill - November 2 -
Boeing workers vote on new contract that could end strike
The workers rejected two previous contract offers from Boeing.Top stories - ABC News - November 4 -
Boeing workers to vote on third contract agreement that could end strike
The 33,000 workers who have been on strike since September could return to work this week. Boeing workers will vote on a third contract agreement on Monday that could end a seven-week strike that ...World - The Guardian - November 4
