Sixty-four percent of workers voted against the new contract, the union said. Boeing machinists overwhelmingly rejected a contract proposal this week, opting to extend a weekslong strike and send ...
M. Scott Brauer / Bloomberg via Getty Images Boeing reported a $6 billion quarterly loss on Wednesday and has seen its shares decline 40% this year, yet no Wall Street analysts tracked by Visible ...
Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week ...
Problems at Boeing go back years, if not decades. And they just got a lot harder to fix. In addition to the spate of safety incidents that has undermined the company’s public image, raised ...
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to new CEO Kelly Ortberg's plan to shore up the finances of the ...
Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled ...
Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that ...
Aerospace giant Boeing on Tuesday indicated in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering while it also entered into a $10 billion credit agreement ...
Boeing took a step toward raising as much as $25 billion, funds that would give the troubled planemaker the financial resources to withstand a paralyzing strike and work its way through a series ...
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane. transcript Workers in ...
As Boeing’s latest chief executive, Kelly Ortberg’s job was never going to be easy. On Wednesday, it got harder still. That morning, Ortberg had faced investors for the first time, telling ...