It has experienced a number of setbacks in its space exploration business, and it might be time to move on.
Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new four-year contract deal that includes a 38% pay hike that would end a seven-week work stoppage.
Aircraft manufacturer Boeing (BA) has reached a tentative labor deal with striking factory workers. The International Association of Machinists and Aerospace Workers (IAM) union will vote on the latest contract this Monday, November 4, as the strike stretches into its seventh week today.
Boeing's stock rose Friday on hopes for an end to a costly strike as members of its machinists union geared up for a third contract vote on Monday, but its bonds were also looking attractive.
We're digging into financial regulations, advanced financial instruments, and the financing Boeing needs to stay afloat.
Boeing staffers who made up the DEI office will be absorbed into another human resources team focused on talent and employee experience.
As Boeing (BA) offers yet another deal to its striking machinist union, the company is also fighting to avoid a credit downgrade. When it comes to the bond market, Boeing holds $53 billion in the S&P's U.S. Investment-Grade bond composite.
CNBC's Rick Santelli joins 'Squawk Box' to break down the October jobs report.
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news from Boeing.
Key Points Boeing's recent rush to raise capital is a desperate survival trade.
Boeing rose 2% before the bell on Friday after the U.S. planemaker bumped its wage hike offer to about 33,000 striking workers, its latest effort to end a damaging strike after two earlier contract offers were rebuffed by employees.
Boeing (BA) shares are rising in premarket trading Friday after it reached a tentative deal with its machinists union on a new contract, potentially ending a crippling seven-week strike.