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Boeing's turnaround efforts had stalled amid a seven-week strike by its biggest union that cost the company billions and set back production of its jets. That particular risk to its stock has now ...
Boeing stock fell more than 3% on Wednesday after negotiations with its machinist union broke down and the aircraft maker withdrew its contract proposal.The company also faces the threat of an S&P ...
In 2021, Boeing’s board famously paid a hefty $246 million fine to settle a shareholder lawsuit that accused it of failing in its fiduciary duty to monitor safety, and initially lying about its ...
James Robart, a federal judge, just threw out a $72 million verdict against Boeing. He disclosed trades of up to $15,000 in Boeing stock in his wife's IRA last year, while the case was ongoing.
Boeing made an improved offer last month that it described as its "best and final", which would give workers a 30% raise and restore a performance bonus, but the union said a survey of its members ...
Boeing’s legal problems are mounting.They are starting to become a problem for the rest of the airline industry too. Alaska Airlines said Tuesday its 2024 capacity estimates are "in flux" due to ...
The stock has declined almost 65% from its all-time high of $440.62 in March 2019. More pressing, however, is the possibility of the company’s debt being downgraded to junk.
Kelly Ortberg came out of retirement to right the ship, but Boeing’s new CEO first needs to put out a massive fire.As more than 33,000 factory workers go on a strike that analysts say could cost ...