Sixty-four percent of workers voted against the new contract, the union said. Boeing machinists overwhelmingly rejected a contract proposal this week, opting to extend a weekslong strike and send ...
By Niraj Chokshi After nearly two months on strike, some 33,000 Boeing employees will return to work over the next week. But getting the troubled manufacturer back on track will take a lot longer.
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 is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week ...
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 ...
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 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 ...
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...
Aerospace giant Boeing on Tuesday indicated in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering while it also entered into a $10 billion credit agreement ...
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 ...