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Stephanie Pope, CEO of Boeing’s commercial aircraft unit, said the company improved contract pay during talks this week but said the union didn’t consider the proposals.
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to new CEO Kelly Ortberg's plan to shore up the finances of the struggling ...
Boeing stock (BA) fell more than 3% on Wednesday after negotiations with its machinist union broke down and the aircraft maker withdrew its contract proposal. The company also faces the threat of ...
About 33,000 union members at Boeing have started to walk off the job on Friday after they overwhelmingly rejected a proposed four-year contract with the troubled aircraft manufacturer.
Negotiators at Boeing and its largest union are due to resume talks over a labor contract on Tuesday, as the planemaker seeks to bring a swift end to a strike that is costing the indebted company ...
Boeing workers vote overwhelmingly to strike, in defeat for troubled company Some 96 percent of union members voted in favor of the strike, rejecting a proposal that would have boosted pay and ...
Boeing is implementing a hiring freeze and other measures to preserve cash as workers strike S&P Global Ratings became the third of the big three rating agencies to weigh in on the strike at ...
The machinists union with that has been on strike for over a month will vote on the Boeing contract offer, the union announced Saturday.
Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming debt ...
The machinists walked off the job on Sept. 13 after overwhelmingly rejecting a tentative labor deal, halting production of most of Boeing’s aircraft.
About 33,000 union members at Boeing have started to walk off the job on Friday after they overwhelmingly rejected a proposed four-year contract with the troubled aircraft manufacturer.
Boeing stock opened lower as talks broke down with its biggest union amid a strike. The company is now at risk of a junk bond rating.