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Boeing, strike
Boeing could lose billions if the strike doesn’t end soon
Investors are also upbeat after policymakers indicated more rate cuts are coming before the end of 2024. Fed Chairman Jerome Powell expressed his intention to prevent a severe decline in the labor market.
Boeing set to start large-scale furloughs due to machinists strike
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week.
Boeing Will Furlough Non-Union Employees As Strike Continues
About 33,000 Boeing factory workers represented by Districts 751 and W24 of the International Association of Machinists and Aerospace Workers union (IAM) announced on September 12 its members had voted 94.6% to reject a contract offer from the company and 96% for a strike.
4h
on MSN
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day ...
18h
Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be ...
21h
Boeing to Begin Temporary Layoffs Because of Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the ...
1h
on MSN
Boeing Starliner astronauts will cast their votes from space
After NASA’s decision to keep them in space until 2025, Butch Wilmore and Suni Williams will now cast their votes more than ...
3h
on MSN
US transport chief says he's optimistic for Boeing labor resolution
U.S. Transportation Secretary Pete Buttigieg on Thursday said he believes both sides want to reach an agreement in the labor ...
19h
Boeing To Start Large-scale Furloughs With Seattle Strike Talks Stalled
Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a ...
2h
on MSN
Transportation Secretary Pete Buttigieg on the economy, potential U.S. port strike and Boeing strike
Transportation Secretary Pete Buttigieg joins 'Squawk Box' to discuss President Biden's speech at the Economic Club in ...
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