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Boeing Strike Drags On: Union Contract Rejection 'Adds Further Uncertainty, Costs, Recovery Delays,' Says Analyst
Thursday, October 24, 2024 - 12:38pm | 592Boeing Co.'s (NYSE:BA) striking machinists overwhelmingly rejected the company's latest offer in a union member vote tallied late Wednesday. The proposed labor deal would have ended the work stoppage that has already cost Boeing an estimated $2 billion over the last five weeks. The Details:...
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Over 30,000 Boeing Workers Are 'Standing Shoulder To Shoulder,' Union Leader Says 'Strike Could Go On For A While'
Saturday, September 14, 2024 - 11:21pm | 504The ongoing strike at aircraft manufacturer Boeing Co (NYSE:BA) may last long, as workers demand higher wages and improved pension plans, International Association of Machinists and Aerospace Workers (IAM) union leader Jon Holden reportedly said in a recent interview. What Happened: More than 30,...