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Boeing Shares Drop Pre-Market As Labor Strikes Expected To Wipe $3.5B From Airplane Maker's Q4 Cash Flow
Friday, January 24, 2025 - 8:49am | 488Troubled American planemaker Boeing Co. (NYSE:BA) is down 1.7% in premarket trading on Friday after the company said that it expects to report an operating cash flow loss of $3.5 billion for the fourth quarter owing to the work stoppage by the International Association of Machinists and Aerospace...
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Starbucks Faces Major Strike On Christmas Eve: 300+ Locations Affected As 5,000 Workers Walk Out
Tuesday, December 24, 2024 - 5:01am | 533Over 300 Starbucks (NASDAQ:SBUX) locations across the United States are expected to be affected by a strike on Christmas Eve. This development comes as part of a five-day strike involving over 5,000 workers, highlighting ongoing disputes between the company and its employees. What Happened: A...
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Amazon Shares Rise As Company Says Operations Remain Unaffected Despite Workers At Seven US Facilities Going On Strike Amid Peak Holiday Shopping
Thursday, December 19, 2024 - 9:37am | 529Amid peak holiday shopping, Amazon.com (NASDAQ:AMZN) has announced that its operations will remain unaffected despite a strike initiated by workers at seven of its U.S. facilities. The strike is part of a broader effort by the workers to push for contract negotiations with the company....
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Germany Brought To Standstill After Massive Workers' Strike — Thousands Of Flights, Trains Disrupted
Tuesday, March 28, 2023 - 2:41am | 275A 24-hour strike in Germany brought the country to a standstill on Monday, as staff at airports, ports, railways, buses and subways walked out. What Happened: Germany, on Monday, experienced one of its largest strikes in decades amid demands for higher wages to help with the rising cost of living,...