CNBC's Phil LeBeau joins 'Squawk Box' with the latest news from Boeing.
Key Points Boeing's recent rush to raise capital is a desperate survival trade.
Boeing rose 2% before the bell on Friday after the U.S. planemaker bumped its wage hike offer to about 33,000 striking workers, its latest effort to end a damaging strike after two earlier contract of
Boeing (BA) shares are rising in premarket trading Friday after it reached a tentative deal with its machinists union on a new contract, potentially ending a crippling seven-week strike.
Striking Boeing Co (NYSE:BA, ETR:BCO) workers will vote on a new pay offer from the aircraft manufacturer for a 38% pay rise over the coming four years after their union backed the deal. The Internati
Boeing Co.'s shares rose as much as 2.8% in after-hours trading. The airplane manufacturer and union leaders representing 33,000 striking workers reached a tentative agreement to end their labor dispu
The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinist
Boeing union workers have been on strike for nearly 7 weeks due to a dispute on wage increases. The planemaker proposed a sweetened deal that includes a 38% pay increase over 4 years, the union said.
The aerospace manufacturer's largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.
Boeing's more than 32,000 machinists rejected a previous contract proposal in a vote earlier this month. The unionized machinists walked off the job on Sept.
Boeing made an improved contract offer to striking workers on the U.S. West Coast on Thursday, including a 38% pay increase over four years, a union spokesperson told Reuters.
Boeing is expected to make an improved wage offer on Thursday to the union representing over 33,000 of the planemaker's striking U.S. West Coast factory workers, three sources familiar with the matter
Boeing has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, citing people familiar with the matter.
Next for Boeing are arriving at an agreement with its striking factory workers and ramping up production.

Boeing strike set to weigh on October job figures

12:57pm, Thursday, 31'st Oct 2024
Boeing Co (NYSE:BA, ETR:BCO)'s ongoing strike is set to weigh on jobs figures as the health of the US economy is mulled ahead of next month's presidential election. Non-farm payroll figures for Octobe
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