Latest in Boeing Union Backs
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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 -
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 -
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 -
Boeing Crash Victims Suit Gets Pulled Into Culture Wars
The judge overseeing the company’s plea deal in a suit filed by families of passengers who died in two 737 MAX crashes took issue with the Justice Department’s DEI policy, potentially muddling a ...Business - Inc. - October 24 -
Why Boeing Workers Rejected a New Contract: Retirement Benefits
A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.Business - The New York Times - October 25 -
4 astronauts return to Earth after being delayed by Boeing's capsule trouble
Four astronauts are back on Earth after a space station mission that lasted almost eight monthsTech - ABC News - October 25 -
WATCH: Astronauts return to Earth after being delayed by Boeing's capsule trouble
Four astronauts returned to Earth on Friday after a nearly eight-month space station stay extended by Boeing's capsule trouble and Hurricane Milton.Top stories - ABC News - October 25 -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
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 -
Boeing considers selling storied space business, WSJ reports
A sale would include the troubled Starliner space vehicle and operations supporting the International Space Station, the Wall Street Journal reported.Business - MarketWatch - 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 -
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 - 4 days ago -
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 - 3 days ago