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Boeing strike ends
Boeing strike ends after labor union accepts contract offer, announces return to work
A Boeing machinist union based in Seattle approved a new contract offer by a 59% vote after nearly two months on strike. The offer includes a 38% raise over four years and bonuses.
Boeing factory workers vote to accept contract and end more than 7-week strike
Seattle — Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.
Boeing workers will vote on a new contract offer to end 7-week-old strike
The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. The union rejected another contract offer in October.
12d
on MSN
Boeing and other strikes will take at least a 44,000-job bite out of the October jobs report
Striking workers will take at least a 44,000-job bite out of the October jobs report, according to new data released Friday.
1d
After Boeing strike, CEO must tackle deep rifts in the company
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with ...
5d
Boeing dismantles global diversity, equity and inclusion department, Bloomberg News reports
Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the ...
13d
Analyst: Biggest risk to Boeing Defense is 'cutting muscle'
The analysis comes a day after the machinists union rejected a tentative agreement, the six-week-long strike continued, Boeing’s perilous financial position potentially deepened and questions mounted ...
8d
on MSN
Boeing to Raise up to $24.3 Billion to Shore up Finances, Stave off Downgrade
Boeing has never fallen below the investment-grade rating. The planemaker said it had priced its stock offering at $143 per ...
9d
Boeing launches $19B share sale to avoid credit downgrade
Boeing needs the capital infusion to maintain its investment-grade rating and fund its production ramp-up once the Machinists ...
9d
on MSN
Boeing launches $19B share sale to thwart downgrade
The move comes as striking Machinists rejected a contract offer last week and company plans to cut the workforce by 10%.
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