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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 Strikers Want Their Pension Plan Back, But It’s a Long-Shot Demand
A five-decade trend shows the number of workers on pension plans shrank by nearly 75 percent, making this contract objective unlikely.Business - Inc. - October 29 -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - October 30 -
Boeing, Strikers Meet for First Time Since Last Week’s Contract Rejection
The two sides come together with a push from the Labor Department as the strike stretches to a seventh week.Business - Inc. - October 30 -
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’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 -
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 -
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 demandWorld - Financial Times - November 4 -
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 -
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 aggressiveBusiness - 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 regionsBusiness - 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 partnersBusiness - 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. - 5 days ago -
Boeing CEO to Employees: We Can't Afford Another Mistake
The jet maker will overhaul employee incentive plan and delay R&D spending.Business - The Wall Street Journal - 3 days ago -
Allegiant Travel Unit Extends Boeing Aircraft-Delivery Agreement to 2027
The amended agreement also provides for other benefits and considerations related to delivery delays in 2024, Allegiant disclosed in a Securities and Exchange Commission filing.Business - The Wall Street Journal - 3 days ago -
Boeing CEO Kelly Ortberg Speaks Hard Truths to a Divided Workforce
Sometimes a leader needs to deliver a tongue-lashing to get a business turnaround into high gear. The veteran aviation industry executive didn’t hold back.Business - Inc. - 3 days ago