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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 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'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 Seeks to Line Up Billions in Financing
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 billion line of credit.
Boeing to raise up to $33b as strike weighs on finances
In a regulatory filing, Boeing indicated plans to raise the funds by selling stock and debt. Read more at straitstimes.com.
Troubled Boeing signals it may raise up to $25 billion to shore up finances
Boeing signaled Tuesday that it could raise up to $25 billion in new stock or debt to shore up its balance sheet after years of heavy losses. The company said in back-to-back regulatory filings that it could raise the cash over the next three years.
1h
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 ...
58m
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 ...
1d
on MSN
Boeing shores up cash reserves as labor strike, operations costs soar
Boeing (BA) made two big moves late Monday night to shore up its balance sheet as the company faces an extremely difficult ...
10h
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 ...
Arabian Business
1h
Boeing plans to raise $15bn with common shares and convertible bonds amid ongoing strike crisis, sources say
The report, citing unnamed sources, said that a $15 billion sale may not be enough for Boeing to address its ongoing crises ...
Greek Reporter
1d
Boeing Is Preparing for War With Its Own Workers
Boeing is prepared to raise $25 billion via a stock and debt offering and has entered into a $10 billion credit agreement ...
1d
on MSN
Boeing to Sell Stock to Raise Cash. It Isn’t About the Strike.
Aerospace firm Boeing disclosed it plans to raise up to $25 billion by selling securities. The company had about $20 billion ...
1d
on MSN
Boeing to send pink slips to thousands of workers within weeks as January layoffs loom: report
Boeing will be sending out thousands of layoff notices after CEO Kelly Ortberg last week announced the company would be ...
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