Latest in Hurricanes Boeing Strike
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Democrats push to condemn GOP-backed hurricane disinformation
Democrats are pushing a resolution condemning the swell of disinformation peddled about recent major hurricanes that hit the Eastern Seaboard, including by politicians. In the wake of hurricanes ...Politics - The Hill - 6 hours ago -
Israel strikes Iran
IDF confirms “precise” strikes hit military targetsTop stories - BBC News - 6 days ago -
Boeing prepares layoff notices for thousands of workers as turmoil deepens
Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to Seattle to try to ease a crippling strike and a major airline ...Top stories - NBC News - October 15 -
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.Business - MarketWatch - October 16 -
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.Business - CNBC - October 16 -
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.Business - The Wall Street Journal - October 15 -
Boeing seeks to raise up to $25bn through stock and debt offering
Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...World - The Guardian - October 15 -
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...Top stories - NBC News - October 15 -
Has Boeing done enough to avoid the credit rating junk yard?
Plane maker is burning through an estimated $1bn a month during a strike by its largest labour unionBusiness - Financial Times - October 15 -
Ryanair warns of fewer flights next summer due to Boeing aircraft delays
Airlines are increasingly frustrated by the global shortage of new planesBusiness - Financial Times - October 16 -
BoE watchdog to signal more rules can be eased to support growth
Sam Woods to rebuff criticism that PRA is not doing enough to boost economy at annual City dinnerBusiness - Financial Times - October 17 -
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 -
Here’s Why NASA Sidelined Boeing’s Troubled Space Capsule for a Year
The space industry is changing, making more room for private companies. SpaceX is a big player, but some startups are trying to be part of plans for the International Space Station’s replacement.Business - Inc. - October 17 -
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.Business - Inc. - October 17 -
Cramer's week ahead: Earnings from Boeing, Tesla, IBM and T-Mobile
CNBC's Jim Cramer named the big earnings reports to keep an eye on next week, including numbers from Boeing, Tesla, IBM and General Motors.Business - CNBC - October 18 -
How College Students Beat Boeing in a Battle to Take Down Drones
A device that blasts sound waves shows how smaller players are competing against the defense giants.Tech - The Wall Street Journal - 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 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