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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
Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations.Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead.Boeing's financial woes include job cuts,
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 Enters $10 Billion Credit Agreement With Banks Amid Crippling Strike
(Reuters) -Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming debt maturities. The company's shares rose 2% before the bell.
Lawmakers press Boeing to resolve monthlong strike
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic
Hundreds of Boeing workers rally in Seattle as strike enters second month
Boeing factory workers held a large rally in Seattle on Tuesday 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 Factory Workers to Rally in Seattle as Strike Enters Second Month
SEATTLE -Boeing factory workers will hold a large rally in Seattle on Tuesday 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 plans to raise up to $35B to shore up finances
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 plans to raise up to $35B to shore up finances as strike continues
Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.
Boeing Hones $15 Billion Financing Plan to Weather Crises, Sources Say
The company said on Tuesday in regulatory filings that it could raise as much as $25 billion in stock and debt with its investment-grade credit rating at risk. One of the sources cautioned that a $15 billion sale may not be enough for Boeing to address its ongoing crises.
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 To Raise Up To $25 Billion, Gets $10B Credit Line
Key Takeaways Struggling plane maker Boeing plans to sell as much as $25 billion in debt or stock, and received a $10 billion bank credit line.Boeing has been in financial turmoil as it faced problems with aircraft production and is being hit by a strike by machinists that's now a month old.
3h
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 ...
12h
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 ...
2d
Boeing strike: What aircraft are affected?
Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest have remained on the picket lines.
3d
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
Oct 11 (Reuters) - Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a ...
3d
on MSN
Union Strike, New CEO: Why Boeing's Issues May Only Get Worse for the Stock
Boeing and its new management team have not matched the union demands, causing a pause in production at its factories and a ...
3h
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 ...
CNN on MSN
1d
What Boeing’s massive financial crisis means for you
After 33,000 members of the International Association of Machinists went on
strike
against the company a month ago, ...
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 ...
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