The Boeing Company (BA)
Boeing workers to vote on new pay offer as union backs ending strike
Striking Boeing Co (NYSE:BA, ETR:BCO) workers will vote on a new pay offer from the aircraft manufacturer for a 38% pay rise over the coming four years after their union backed the deal. The International Association of Machinists and Aerospace Workers (IAM) said the roughly 33,000 striking workers will be balloted on Monday, after walking out in mid-September.
Boeing Union Endorses Latest Offer to End Strike
Boeing Co.'s shares rose as much as 2.8% in after-hours trading. The airplane manufacturer and union leaders representing 33,000 striking workers reached a tentative agreement to end their labor dispute.
Boeing Makes Another Offer to End Machinists Strike
The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.
Boeing union endorses sweetened contract deal after nearly 7 weeks on strike
Boeing union workers have been on strike for nearly 7 weeks due to a dispute on wage increases. The planemaker proposed a sweetened deal that includes a 38% pay increase over 4 years, the union said.
Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer's largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.
Boeing, union reach sweetened contract offer in bid to end strike
Boeing's more than 32,000 machinists rejected a previous contract proposal in a vote earlier this month. The unionized machinists walked off the job on Sept.
Exclusive: Boeing makes improved 38% pay raise offer to striking workers, union says
Boeing made an improved contract offer to striking workers on the U.S. West Coast on Thursday, including a 38% pay increase over four years, a union spokesperson told Reuters.
Boeing due to make improved wage offer in bid to end strike, sources say
Boeing is expected to make an improved wage offer on Thursday to the union representing over 33,000 of the planemaker's striking U.S. West Coast factory workers, three sources familiar with the matter told Reuters.
Boeing dismantles diversity department, Bloomberg news reports
Boeing has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, citing people familiar with the matter.
Boeing's capital raise provides a breather through next year
Next for Boeing are arriving at an agreement with its striking factory workers and ramping up production.
Boeing strike set to weigh on October job figures
Boeing Co (NYSE:BA, ETR:BCO)'s ongoing strike is set to weigh on jobs figures as the health of the US economy is mulled ahead of next month's presidential election. Non-farm payroll figures for October are due from the Labour Department on Friday, reflecting the final monthly report before the election on November 5.
Is Boeing (BA) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
