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The labor standoff — the first strike by Boeing machinists since an eight-week walkout in 2008 — was the latest setback in a volatile year for the aerospace giant.
The strike is expected to deepen that financial hole. A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the ...
The strike by 33,000 machinists will not disrupt airline flights anytime soon, but it is expected to shut down production of Boeing's best-selling jetliners, marking yet another setback for a ...
A labor strike at Boeing showed no signs of ending Friday, as the walkout by 33,000 union machinists entered its eighth day and the company started rolling furloughs of nonunion employees to ...
A strike of more than 30,000 Boeing workers who build planes in factories on the U.S. West Coast stretched into its fourth day on Monday, with company and union negotiators due to resume talks ...
Boeing's largest union urged new CEO Kelly Ortberg on Tuesday to get more involved in contract negotiations to end a strike by around 33,000 U.S. West Coast workers, after the U.S. planemaker cut ...
The union representing Boeing factory workers who are currently on strike in the Pacific Northwest said contract talks “broke off” with the company after their latest bargaining session. In an ...
Boeing on Monday launched a stock offering that could raise up to $24.3 billion to strengthen finances squeezed by the halt to production of its best-selling 737 MAX and its 767 and 777 widebody ...