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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

Boeing machinists' union leaders back new contract, call for Monday vote

Some 33,000 Boeing machinists have been on strike for weeks. Union leadership said the latest proposal adds a general wage increase of 38% over four years.

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.

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 ...

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

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

BoE expected to cut interest rates despite looser fiscal policy

UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

World - Financial Times - November 4

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

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

The union fight to resuscitate the Boeing pension is a battle over the American dream

The two sides remain far apart on the issue of the company pension plan.

Business - MarketWatch - November 4

Boeing vote to decide how fast company gets back on track

The new contract proposal would not reinstate pensions, but it could be enough to sway voting workers, especially as the holiday season approaches.

Business - MarketWatch - November 4

Boeing Plane Delays Force Ryanair to Trim Passenger Growth Target

The aircraft maker’s brutal year means the European budget carrier won’t get new aircraft, curbing its forecasts.

Business - Inc. - November 4

Boeing workers vote on new contract that could end strike

The workers rejected two previous contract offers from Boeing.

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

Boeing machinists accept labor contract, ending 7-week strike

Boeing sweetened its offer to thousands of striking factory workers, leading machinists union to back the deal.

Boeing machinists vote to end strike after 53 days

Boeing machinists voted Monday to end a strike that has hobbled the company for the past 53 days. The new contract includes a 38 percent wage increase over the next four years and a $12,000 ...

Politics - The Hill - November 5

Boeing strike ends as workers back 38% pay rise deal

The damaging walkout by around 30,000 unionised Boeing workers started on 13 September.

Boeing workers vote for 38% pay rise deal to end costly strike

Jet production set to resume after disruption that took estimated $2.7bn toll

World - Financial Times - November 5

Boeing strike ends after workers agree to new contract

33,000 Boeing workers could be back on the job as soon as Wednesday after they voted to accept the planemaker's latest contract offer, ending a 7-week strike. The new deal includes a 38% wage ...

Boeing’s stock turns lower, as short-term technical boost fades after the open

Boeing’s stock reversed into the red on Tuesday, to erase a positive short-term technical signal, even after the aerospace giant’s unionized machinists voted to end the nearly two-month-long strike.

Business - MarketWatch - November 5

Workers Approve New Boeing Contract, Ending Crippling Strike

Striking machinists accepted a new contract raising wages by 39 percent, but enduring bitterness will complicate Boeing’s efforts to rebuild its battered corporate culture and flawed production ...

Business - Inc. - November 5

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 - November 7

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

Boeing to Repay Furloughed Staff and Cut 10 Percent of Jobs

Boeing furloughed thousands employees in the wake of the strike by 33,000 union machinists.

Business - Inc. - November 10

How will the Fed handle Trump?

Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive

Business - Financial Times - November 12

Former aide Sue Gray rejects Starmer’s job offer

Ex-chief of staff had been lined up for part-time role as link with devolved nations and regions

Business - Financial Times - November 12

Boeing was a buy for Soros fund, but Tepper’s Appaloosa just dumped it

David Tepper’s Appaloosa and Soros Fund Management diverge on Boeing Co., securities filings late Thursday show.

Business - MarketWatch - November 14

Chancellor and BoE governor call for UK to rebuild ties with EU

Reeves and Bailey highlight damage from Brexit amid concern about Trump’s plan to impose tariffs on trading partners

Business - Financial Times - November 14

U.S. industrial output battered for second month by Boeing strike, hurricanes

Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of hurricanes Milton and Helene, the Federal Reserve reported Friday.

Business - MarketWatch - November 15

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 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

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