Latest in Boeing’s Credit
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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 -
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 ...Top stories - CBS News - October 19 -
Boeing's CEO Is Shrinking the Jet Maker to Stop Its Crisis From Spiraling
A strike by its machinists union could end soon, but the company remains in a perilous financial position.Business - The Wall Street Journal - October 20 -
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 -
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 machinists to vote on contract as company faces uncertain future
Striking Boeing machinists will vote Wednesday on a tentative labor contract that may put to rest a weeks-long strike, but not questions about the company's future. The stakes for the vote are ...Politics - The Hill - October 23 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Boeing reports $6bn loss as chief faults ‘serious performance lapses’
Kelly Ortberg calls for cultural change ahead of union vote on whether to end six-week strikeBusiness - Financial Times - 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.Top stories - CBS News - October 23 -
Boeing-made satellite explodes in space after experiencing "anomaly"
Since the breakup, the U.S. Space Force is now tracking "around 20 associated pieces" of the satellite in space.World - CBS News - October 23 -
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 ...Top stories - CBS News - October 23 -
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 ...Politics - The Hill - October 23 -
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 ...Top stories - CBS News - October 23 -
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.Business - Inc. - October 23 -
Boeing union members voting on contract, pension could be deal breaker
Boeing union members are voting on a new contract that could put an end to the strike that has lasted weeks in the U.S. CBS News senior transportation correspondent Kris Van Cleave has more on the ...Top stories - CBS News - October 23 -
UK inflation fading faster than expected, says BoE governor
But Andrew Bailey wants to see a further decline in services price growthBusiness - Financial Times - October 23 -
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.Top stories - CBS News - October 23 -
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 - October 24 -
Striking Boeing workers reject 35% pay rise offer
Earlier, Boeing's boss warned the firm was at a "crossroads" as losses surged to roughly $6bn.Top stories - BBC News - October 24 -
Boeing machinists reject new labor contract, extending strike
Nearly six weeks after walking off the job, members of the union representing more than 30,000 machinists voted Wednesday to reject Boeing's latest offer, a 35 percent raise over four years, and ...Top stories - NBC News - October 24 -
Boeing machinists reject new contract on 41st day of strike
Striking Boeing machinists rejected a proposed contract that would have ended a costly 41-day work stoppage. The machinists, represented by the International Association of Machinists and Aerospace ...Politics - The Hill - October 24 -
Boeing workers vote to reject deal to end strike, union says
More than 30,000 workers at the troubled aviation company represented by the union began striking in mid-September. Boeing workers have rejected the latest offer to end the more than a month-long ...World - The Guardian - October 24 -
Striking Boeing workers reject latest contract offer, work stoppage continues
Over 30,000 Boeing workers will remain on the picket line after voting no on the company's latest contract offer, extending their strike to 42 days. CBS News senior transportation correspondent ...Top stories - CBS News - October 24 -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24 -
Boeing workers vote to reject company offer, continuing the strike
Striking Boeing workers voted to reject the company's latest contract proposal, in a major setback for Boeing that could also have implications on the U.S. economy. The rejected deal called for a ...Top stories - CBS News - October 24 -
Boeing’s CEO wants to make it ‘great again.’ Here’s what’s standing in the way.
Making Boeing great again starts with a labor deal, according to Wall Street analysts.Business - MarketWatch - October 24