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Boeing strike ends after machinists approve new labor contract with 38% wage increases
Boeing machinists approved a new labor deal Monday, ending a more than seven-week strike that halted most of the aircraft production at the company that was already struggling with mounting losses.Top stories - NBC News - November 5 -
Boeing workers end bitter seven-week strike after clinching new pay deal
Two previous pay offers were voted down in walkout that halted most jet production and deepened a financial crisis at the troubled planemaker. Boeing’s US West Coast factory workers accepted a new ...World - The Guardian - November 5 -
OBR expected markets to be ‘surprised by the budget’; markets brace for US election – business live
Rolling coverage of the latest economic and financial news. Associated British Foods, the owner of discount clothing chain Primark, has posted a 43% rise in pre-tax profits for the last year. . ...World - The Guardian - November 5 -
Boeing’s stock fails to hold gains after strike ends, but bonds are holding up
Spreads on Boeing’s outstanding bonds are moving tighter on the day after workers voted to end a 53-day strike.Business - MarketWatch - November 5 -
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties ...Business - MarketWatch - November 6 -
Boeing delivers fewest planes since 2020, warns factory restart after strike will take weeks
Boeing handed over 14 airplanes in October and said it will be several weeks before production can fully resume.Business - CNBC - November 12 -
Ukraine strikes Russia with US-made long-range missiles for first time
Weapons arsenal in Bryansk region hit after Biden administration lifts restrictions on Kyiv’s use of AtacmsBusiness - Financial Times - 4 days ago -
BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says
Bank governor tells MPs it will take time to assess the impact of national insurance riseBusiness - Financial Times - 4 days ago -
‘We are at a low here, folks,’ Boeing’s new CEO tells employees. ‘I’m tired of it.’
Kelly Ortberg had a tough message for Boeing employees, including that the company is at a ‘low’ as employees spend more time arguing among themselves than figuring out how to beat Airbus.Business - MarketWatch - 2 days ago