Boeing on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant's airc
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it's unclear whether it will satisfy workers.
Tim Seymour, Seymour Asset Management founder and CIO, joins 'The Exchange' to discuss these stocks: Nike, Boeing, Starbucks, 3M.
The planemaker is also offering to reinstate a performance bonus, improve retirement and double a ratification bonus to $6,000, if the workers accept by Friday.
The head of the Federal Aviation Administration will tell Congress on Tuesday the agency will hold Boeing accountable to ensure the planemaker is building safe airplanes and will revamp its own safety
More than 30,000 Boeing machinists began a strike on Sept. 13 after overwhelmingly turning down a tentative agreement.
Boeing said on Monday it has increased the general wage to 30% in an offer to the union representing its striking workers in the U.S. west coast.
FTAI Aviation benefits from Boeing and Airbus delivery delays, driving demand for aftermarket services, especially in engine leasing and maintenance. Despite higher input costs and inflationary pressu
This being the final full week of the month, on Friday morning we'll get the latest Personal Consumption Expenditures (PCE) report, for August. This is the preferred metric for gauging inflation by th

Fed Members Make Their Voices Heard This Week

11:20am, Monday, 23'rd Sep 2024
What may be most important to investors this week are the vast amounts of commentary coming from members of the Fed.
The civil aviation and defense industries are doing well, helped by the ongoing recovery of travel and defense spending.  However, top companies in the industry are not doing well.
Boeing last dealt with a strike 16 years ago when its machinists union walked off for two months while demanding a bigger piece of Boeing's (then) record profits. Today, the machinists union is striki
Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks involving its Starliner space capsul
Boeing machinists on the picket lines said they have saved money for the strike and plan to pick up temporary jobs to make ends meet. More than 30,000 Boeing machinists walked off the job Sept.
Barron's associate editors Andrew Bary and Al Root and Barron's senior writer Elizabeth O'Brien discuss several market topics, including luxury stocks and the Boeing strike on ‘Barron's Roundtable.'
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