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Boeing Withdraws Pay Offer
Boeing withdraws pay offer after negotiations with striking union
Boeing on Tuesday said that it has withdrawn its pay offer after negotiations with the International Association of Machinists and Aerospace Workers (IAM), whose members are on a strike against the company.
Boeing, striking union to continue negotiations
Boeing made an improved offer last month that was described as its "best and final," but union members say that wasn't enough.
Boeing withdraws pay rise offer to striking workers
Boeing says it has withdrawn its pay rise offer to striking workers after negotiations with union representatives reached a stalemate. The aviation giant accused the union of not giving its proposals serious consideration.
Boeing delivers 33 jets
Boeing delivers 33 jets in September as strike weighs on output
Boeing said on Tuesday it delivered 33 jets in September, down from 40 plane deliveries in August, as a strike mid-month by around 33,000 U.S. West Coast factory workers weighs on output.
Boeing Cautions on Deliveries After Strike Curbs Aircraft Output
Boeing Co. managed to hand over 33 aircraft to customers in September, when a strike shut down large parts of its manufacturing, while warning that the work stoppage at its main production hub in the Seattle area will reduce future deliveries.
Boeing Delivered Handful Of 737 MAX Jets Last Month
Boeing managed to deliver a small number of 737 MAX jets after a strike by machinists shut down the Renton, Wash., factory that builds the planes. But deliveries are expected to slow substantially as the walkout stretches into its second month.
S&P places Boeing on 'creditwatch negative'
S&P places Boeing's rating on CreditWatch negative as strike drags on
Global ratings agency S&P said on Tuesday it had placed Boeing's rating on CreditWatch negative as about 33,000 of its workers remain on strike, halting production of its best-selling jets.
Boeing at risk of junk rating with S&P amid strike
S&P Global Ratings is looking at downgrading Boeing's credit grades to junk, citing the planemaker's growing cash needs as it suffers from a protracted strike by machinists.
S&P places Boeing on 'creditwatch negative' on strike-related financial risk
Sheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk Boeing's recent slate of troubles and what it means for the stock.
7h
Boeing weighs options for raising cash as ratings downgrade looms, sources say
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources ...
5d
on MSN
Striking Boeing union asks CEO to 'truly engage' after workers' health coverage cut
Boeing's largest union urged new CEO Kelly Ortberg on Tuesday to get more involved in contract negotiations to end a strike ...
1d
Negotiations between Boeing, machinists to resume
Boeing and its machinist union will head back to the bargaining table to hopefully reach a deal.
48m
on MSN
Boeing halts talks, withdraws pay offer to striking union
Boeing said on Tuesday that it had withdrawn its pay offer to around 33,000 U.S. factory workers and no further negotiations ...
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