Latest in October jobs forecast shaved to 110,000 after Boeing strike and hurricanes
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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 - 4 hours ago -
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 -
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 ...Top stories - CBS News - 5 days ago -
Boeing strike to continue after workers reject new contract
According to the International Association of Machinists and Aerospace Workers (IAM), 64% of workers voted to reject the new contract.Top stories - ABC News - 6 days ago -
Boeing Strike Extended After Union Workers Reject New Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.Top stories - The New York Times - 6 days ago -
Four astronauts return to Earth after being delayed by Boeing's Starliner problems and Hurricane Milton
Four astronauts return to Earth after being delayed by Boeing's Starliner problems and Hurricane MiltonTech - ABC News - 5 days ago -
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 -
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 ...Top stories - CBS News - 6 days ago -
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters say
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters sayWorld - ABC News - 6 days ago -
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 ...Politics - The Hill - October 16 -
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 ...Politics - The Hill - October 19 -
Boeing to Bring New Offer in Attempt to End Strike
Boeing’s machinist strike is nearing its second month.Business - Inc. - October 19 -
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.Business - The Wall Street Journal - October 19 -
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.Business - The Wall Street Journal - October 23 -
Boeing Machinists Reject Contract, Extending Strike
The machinists’ union members voted against a new labor deal and will the extend six-week strike.Business - The Wall Street Journal - 6 days ago -
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.Business - Inc. - 6 days ago -
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 ...Top stories - CBS News - 5 days ago -
Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector
Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...Politics - The Hill - October 17 -
BoE chief economist criticises statistics agency over poor jobs data
Huw Pill told ONS in private letter that efforts to fix key labour market survey ‘have not yet led to improvement’Business - Financial Times - October 22 -
Kristy strengthens into a hurricane in the eastern Pacific and is expected to stay away from land, forecasters say
Kristy strengthens into a hurricane in the eastern Pacific and is expected to stay away from land, forecasters sayWorld - ABC News - October 22 -
Hurricane Kristy strengthens into a Category 2 storm in the Pacific as it remains away from land, forecasters say
Hurricane Kristy strengthens into a Category 2 storm in the Pacific as it remains away from land, forecasters sayWorld - ABC News - October 23 -
Hurricane Kristy becomes a Category 3 storm away from land in the Pacific and will strengthen more, forecasters say
Hurricane Kristy becomes a Category 3 storm away from land in the Pacific and will strengthen more, forecasters sayWorld - ABC News - October 23 -
Hurricane Kristy strengthens into a Category 4 storm as it continues to churn away from land, forecasters say
Hurricane Kristy strengthens into a Category 4 storm as it continues to churn away from land, forecasters sayWorld - ABC News - October 23 -
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 ...Top stories - NBC News - October 16 -
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 -
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 NovemberBusiness - 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.Top stories - NBC News - October 18 -
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’ ...Top stories - NBC News - October 19 -
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 monthBusiness - 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.Top stories - CBS News - October 19