A Boeing machinists 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. The October ...
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Burning through cash, Boeing BA0.46%increase; green up pointing triangle secured a new credit line and moved to raise at least $10 billion by selling new shares, in hopes of demonstrating that it ...
Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that ...
Boeing's 33,000 unionized machinists on Monday voted to approve the plane manufacturer's latest contract offer, ending a seven-week strike that had halted production of most of the company's ...
The approval comes more than seven weeks after 33,000 members of the machinists union began the strike in September.
Boeing will next month send out 60-day notices to thousands of workers including many in its commercial aviation division, meaning those staff will leave the company in mid-January, one source ...
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash ...
Problems at Boeing go back years, if not decades. And they just got a lot harder to fix. In addition to the spate of safety incidents that has undermined the company’s public image, raised ...
Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled ...