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Boeing Seeks to Line Up Billions in Financing as Strike Goes On

The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.

Business - The New York Times - October 15

Bottom Line: Boeing, Lockheed Martin space venture lobbies up for NASA, FAA funding

Aerospace The United Launch Alliance, Boeing and Lockheed Martin's joint space venture, hired IBEX2 Solutions to lobby on civilian and commercial space issues related to policy and funding from ...

Politics - The Hill - 9 hours ago

Boeing takes a hit

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...

Politics - The Hill - 6 days ago

Can anyone fix Boeing?

The plane maker’s new boss has pledged culture change, but a vote to prolong a costly strike underlines the challenges he faces

Business - Financial Times - 5 days ago

Karma comes for Boeing’s shareholders

Nearly a fifth of total shares will soon be owned by participants in a giant capital raise

Business - Financial Times - 2 days ago

Can Boeing come back?

The aircraft maker was a great American company — then things started falling apart.

Business - Financial Times - 23 hours ago

FAA opening Boeing safety review

The Federal Aviation Administration (FAA) announced Friday it is opening a review into Boeing's safety processes to ensure they meet the administration's requirements. "The review will focus on key ...

Politics - The Hill - October 18

Boeing wants to be iconic — but not like before

The plane-maker is mired in debt, workforce strife and production glitches. Its new boss wants to turn back the clock

Business - Financial Times - October 23

What Boeing is offering to striking machinists

Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave ...

Boeing Strike Extended After Union Workers Reject New Contract

The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.

Top stories - The New York Times - 6 days ago

Boeing Explores Sale of Space Business

New CEO seeks buyers for Starliner and other NASA projects in quest to rescue manufacturer.

Business - The Wall Street Journal - 5 days ago

Boeing seeks up to $35bn to bolster its balance sheet

Plane maker announces plans to raise up to $25bn in new capital and agrees $10bn credit facility

Business - Financial Times - October 15

Boeing Eases Cash Crunch as Strikers Dig In Deeper

The troubled planemaker arranged a $10 billion credit agreement with a group of banks while union workers showed no sign of ending their walkout.

Business - Inc. - October 15

Lawmakers press Boeing to resolve monthlong strike

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic lawmakers in ...

Politics - The Hill - October 16

The FAA is opening a new review of safety at Boeing

The Federal Aviation Administration is opening a new review of safety at Boeing

Boeing, union reach tentative agreement to halt strike

A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. "We are finalizing the strike settlement ...

Politics - The Hill - October 19

Boeing to Bring New Offer in Attempt to End Strike

Boeing’s machinist strike is nearing its second month.

Business - Inc. - October 19

Boeing, Union Reach Wage Deal to End Strike

The Jet maker and machinists union reach a tentative deal, including an offer of a 35% wage increase, to end a strike that halted most of the company’s production.

Business - The Wall Street Journal - October 19

Boeing Workers to Vote on New Pay Deal

A proposal for a 35 percent wage hike over four years could end a costly strike, even as the aircraft maker hustles to sell planes and raise cash.

Business - Inc. - October 21

Boeing-made satellite breaks up in space

The "total loss" of the communications satellite has affected Intelsat customers around the world.

Boeing Warns on Cash Burn, Awaits Strike Vote

The jet maker posted its biggest quarterly loss since 2020. Striking union members are voting later on a new contract proposal.

Business - The Wall Street Journal - October 23

What a new labor contract could mean for Boeing

About 33,000 striking Boeing workers were voting Wednesday on whether to ratify a new contract with the embattled aircraft manufacturing giant. The four-year deal comes with a 35% pay hike, as well ...

Boeing factory workers reject latest contract offer

Vote deals blow to new chief executive’s plan to stabilise business

Business - Financial Times - 6 days ago

Boeing Machinists Reject Contract, Extending Strike

The machinists’ union members voted against a new labor deal and will the extend six-week strike.

Business - The Wall Street Journal - 6 days ago

Eye Opener: Boeing workers reject contract offer

Boeing workers have rejected another contract offer, extending their strike. Meanwhile, the White House confirms that troops from North Korea have started training with Russian forces. All that and ...

Boeing Workers Reject Pay Offer as Strike Continues

Strikers rejected a proposal for a 35 percent pay increase over four years by a nearly two-thirds margin.

Business - Inc. - 6 days ago

Boeing Email to Ethiopian Airlines Sheds Light on a Crash

Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety question, but it did not.

Business - The New York Times - 5 days ago

Strike continues after Boeing workers reject deal

About 33,000 Boeing machinists remain on strike after they voted to reject a deal their union leadership had reached with the aircraft manufacturing giant. Kris Van Cleave takes a look at why they ...

Pension plan a sticking point for Boeing machinists on strike

The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what ...

McDonald's, Boeing experience Wall Street struggles

It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...

Beleaguered Boeing Sells More Shares to Raise Cash

As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.

Business - Inc. - 2 days ago

“All the evil”: doctors in the line of fire in world’s forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

Business - Financial Times - 14 hours ago

Hospitals in firing line of forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

World - Financial Times - 14 hours ago

Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production

The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.

Business - The Wall Street Journal - October 11

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 ...

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

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