News list for " boeing"
According to the Associated Press, Boeing (BA. N) has issued lay-off notices to more than 400 workers, initiating major layoffs.
Market news: Boeing (BA. N) U.S. factory workers have ended their strike by approving an employment contract in a union vote. 59% of striking workers support approving the contract.
On October 26th, according to the Wall Street Journal, people familiar with the matter said that Boeing, the troubled company, is considering selling its famous NASA businesses, including the troubled Starliner program and supporting the operation of the International Space Station. The effort, part of a strategy by Boeing's new CEO Kelly Ortberg to streamline the company and contain financial losses, is still in its early stages and may not result in a deal. For decades, the company has worked ...
Boeing Inc (BA. N) on Monday sharply raised its contract offer to the mechanics' union to end a strike that could hurt the company's interests. Boeing's chief negotiator, Fitzsimmons, said the new offer was submitted around 9 a.m. locally. "We hope it addresses the concerns of both the union and the members, and we hope they will vote as soon as possible." The new offer raises wages by 30 percent over four years, up from the 25 percent offered by the mechanics. That includes an immediate 12 perc...
Boeing (BA. N) expanded its gains to more than 3 percent.
Boeing (BA. N) shares fell 2.6 percent in premarket trading as U.S. factory workers voted to go on strike.
The Dow Jones index extended its decline to 1.00 percent, with component stocks Boeing (BA. N) down 2.9 percent, Walmart (WMT. N) down 2.5 percent, McDonald's (MCD. N) down 1.6 percent and Caterpillar (CAT. N) down 1.4 percent.
7x24 Newsflash
Hot News
