The White House said on Thursday it was encouraging Boeing and the union representing about 33,000 striking machinists to continue working to reach a deal, a day after workers rejected the planemaker'
64% of union workers voted to rejected Boeing's (BA) latest labor contract proposal, prolonging the International Association of Machinists and Aerospace Workers' (IMA) strike that began in September.
The International Association of Machinists and Aerospace Workers, representing 33,000 striking machinists at Boeing, voted to reject the aerospace giant's latest contract offer, extending a strike th
Boeing workers rejected a tentative agreement that would have increased their wages by 35% over four years. Jessica Kriegel, Chief Scientist of Workplace Culture, at Culture Partners joins Bloomberg
US benchmark equity averages were mixed on Thursday, but S&P 500 index rose slightly led by gains in Tesla and others.  At the time of writing, the S&P 500 index was slightly higher by 0.1%, while th
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. More than 32,000 Boein
Making Boeing great again starts with a labor deal, according to Wall Street analysts.

Boeing Stock Slips as Worker Strike Continues

11:04am, Thursday, 24'th Oct 2024
Shares of Boeing Co (NYSE:BA) are down 2.4% at $153.28 at last glance, amid news that the International Association of Machinists and Aerospace Workers' (IMA) will extend its prolonged strike.
Union members have rejected Boeing's latest offer, meaning a strike that is costing the company $1 billion a month will continue. Transcript: Conway Gittens: The Nasdaq leads the way Thursday after Te
Greg Waldron, Asia managing director at FlightGlobal, says it's going to be a long road for Boeing to start getting things back on track, as machinists reject new labor contract.
Aside from Intel (INTC), no company in the Dow Jones Industrial Average has had a more difficult year than Boeing (BA).
Mario Veneroso of Kingsview Asset Management says that Boeing has been "dead money" for awhile and he sees a tough road ahead even though it has a strong order book.
The stock market is about to undergo a major global shift. Over the next decade, the generational wealth accumulated over the past ten years may shift into a stagnant phase, resembling Japan's "Lost D
Boeing reported a huge loss, and its striking union rejected a fresh contract offer on Wednesday. CEO Kelly Ortberg has vowed to turn around the company and laid out a four-point plan.
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news from Boeing.
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