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Boeing strike enters second month
Boeing strike enters second month as workers rally in Seattle
Boeing factory workers held a large rally in Seattle to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on the East and Gulf Coast ports.
Boeing strike has already cost the company and workers $5 billion, new analysis shows
The multi-billion-dollar tab highlights the difficulties facing the aircraft maker, once a byword for American quality.
Boeing, Industrial Production
Boeing strike, Hurricane Helene weigh on US industrial production
U.S. industrial production fell in September, weighed down by a strike at Boeing and two hurricanes, including Helene. Industrial output dropped 0.3% last month after a downwardly revised 0.3% gain August,
Boeing Strike, Hurricanes Stifle September U.S. Industrial Production
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
U.S. Industrial Production Dips In September Amid Boeing Strike, Hurricanes
A report released by the Federal Reserve on Thursday showed industrial production in the U.S. fell by slightly more than expected in
Boeing, convertible bond
Boeing closes in on $15 billion financing via stock, hybrid bonds
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters.
Boeing Closing In on Plan to Raise $15 Billion in Stock, Bonds
Boeing Co. is considering raising about $15 billion in a sale of shares and a mandatory convertible bond, Reuters reported, citing people familiar with the matter.
Boeing eyeing $15 billion in stock, bond sale, Reuters says
Boeing Co. is considering raising about $15 billion in a sale of shares and a mandatory convertible bond, Reuters reported, citing people familiar with the matter. A combined offering of new shares and a hybrid bond would let Boeing convert the bond at or around a predetermined date,
2h
on MSN
Boeing’s Strike Stalemate Leaves Mediators Hunting For Consensus
It’s been more than a week since Boeing Co. broke off contract talks with the union representing 33,000 striking hourly ...
2d
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 ...
18h
on MSN
Washington lawmakers press Boeing, union to resolve monthlong strike
Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists ...
1h
Boeing Has a $15 Billion Plan to Weather Company Turbulence
Boeing has been burning through cash all year, leading to its Tuesday announcements that it will raise money in the capital markets and that it had also secured a $10 billion credit agreement with ...
1h
Hundreds of Ryanair flights could be axed next summer due to Boeing delays, says Michael O’Leary
Ryanair has warned passengers that hundreds of UK flights could be cancelled next summer due to a global shortage of new ...
1h
on MSN
Boeing's big borrowing might be backing it into a corner
Boeing’s (BA) plan to outlast its strike is taking shape, with Reuters reporting on plans to raise $15 billion through stock ...
2h
US jobless claims fall as hurricanes subside, but Boeing strike adds pressure on labor market
US jobless claims fell by 19,000 in the week ending October 12, reflecting a recovery from hurricane-related layoffs. Ongoing ...
9h
Can Boeing Keep Its Balance Amidst The Shifting Winds?
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
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