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2024-11-21


Boeing's new CEO Kelly Ortberg had some brutal feedback for staff, telling them to stop complaining and start competing.

2024-11-20


Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.

2024-11-19


Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.

2024-11-16


President-elect Trump has indicated the entity will operate outside the government, a position that comes with legal limits.

2024-11-12


Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

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Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

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Boeing delivered just 14 planes in October as a worker strike by its biggest union hampered the aerospace giant's production.

2024-11-11


A video has captured flames bursting from the wing of a Hainan Airlines Boeing jet that struck a bird following takeoff from Italy on Sunday.

2024-11-05


The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.

The polls are open, and investors are in wait-and-see mode to find out whether Harris or Trump will win — and how long it'll take to get a clear outcome.

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A 33,000-member Boeing machinist union based in Seattle approved a new contract offer by 59% vote on Monday night after nearly two months on strike.

The damaging walkout by more than 30,000 unionised Boeing workers started on 13 September.

2024-11-04


About 33,000 workers at the aerospace manufacturer rejected two earlier contract offers and had been on strike for nearly two months.

The October jobs report found the manufacturing sector lost 46,000 jobs amid strike activity at major manufacturers, extending a three-month slide that has seen the loss of 78,000 jobs.

2024-11-01


Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.

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Weary Boeing investors are getting a lift on Friday after the planemaker and its main worker union, the International Association of Machinists, struck a tentative deal.

The October jobs report is the last major economic release before the Federal Reserve makes its policy decision on Nov. 7.

2024-10-31


The union representing more than 30,000 striking workers endorsed the offer and will hold a ballot on Monday.

(Bloomberg) -- Boeing Co. and union leaders representing 33,000 striking workers reached a tentative agreement to end a lengthy labor dispute that’s crippling the company’s commercial airplane manufacturing.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?Chicago Mayor Seeks Property Tax Hike, Breaking Campaign VowThe Answer To Making Cities More Family-Friendly? CourtyardsNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkA South Korean City Plays Matchmaker to Tackl

The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.

The release of the October jobs report on Friday that will give American voters and the Fed's policymakers a last look at labor market data ahead of Election Day and the Fed meeting.

2024-10-29


Boeing is reportedly exploring the sale of portions of its space business, such as its Starliner space vehicle and operations supporting the International Space Station.

The conference on Dec. 4 will bring together the biggest names in business, politics and culture.

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2024-10-28


The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

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Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

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Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.

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2024-10-25


Three quintessentially American companies — Starbucks, Nike and Boeing — share a common predicament at the moment.

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2024-10-24


The International Association of Machinists and Aerospace Workers, representing 33,000 striking machinists at Boeing, voted to reject the aerospace giant's latest contract offer, extending a strike that has halted key Boeing production lines.

A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.

Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety questions, but it did not.

Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.

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2024-10-23


The vote will extend a monthlong strike at factories where the aerospace company makes its best-selling commercial airplane.

Doubts about rate cuts weighed on investors dealing with a busy day of earnings from the likes of Tesla and Boeing.

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Doubts about rate cuts weighed on investors dealing with a busy day of earnings from the likes of Tesla and Boeing.

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Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.

New Boeing boss Kelly Ortberg is wrestling with a damaging worker strike and other crises.

Boeing released third quarter earnings on Wednesday morning, closely matching the preliminary figures it released last week. The results highlight the precarious nature the planemaker finds itself, though some relief may be on the horizon with a big labor vote set later today.

As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.

Doubts about rate cuts weighed on investors preparing for a busy day of earnings from the likes of Tesla and Boeing.

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2024-10-22


The "total loss" of the communications satellite has affected Intelsat customers around the world.

Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say has been the most costly of 2024.

2024-10-21


Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.

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Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.

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Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.

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Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.

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Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.

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2024-10-19


About 33,000 unionised workers, mostly in Seattle, will decide this coming week whether to accept the deal.

2024-10-20


Investors can expect key earnings from Tesla and Boeing as well as consumer sentiment data in the week ahead.

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2024-10-19


The machinists union that represents more than 33,000 workers said that the deal includes raises of 35 percent over the four-year life of the contract.

2024-10-16


Boeing made a couple of big moves late Monday night to shore up its balance sheet as the company faces an extremely difficult time ahead.

2024-10-15


On Tuesday, the union representing over 30,000 of the firm's workers held a rally in Seattle.

As a fresh wave of earnings rolls in, hopes are for further positive surprises.

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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.

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.

2024-10-14


Stocks are upbeat as Nvidia heads for a fresh record high, with the next batch of big bank earnings in focus.

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Stocks are upbeat as Nvidia heads for a fresh record high, with the next batch of big bank earnings in focus.

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2024-10-11


An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.

An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.

The company said "executives, managers, and employees" jobs are all at risk

An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.

(Reuters) -U.S. planemaker Boeing will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances, CEO Kelly Ortberg said on Friday. Ortberg said in a message to employees that the company must reset its workforce levels "to align with our financial reality" after a strike by around 30,000 U.S. West Coast workers shuttered production of its 737 MAX, 767 and 777 jets.

A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.

The union strike at Boeing just completed its fourth week with no signs of quick resolution.

2024-10-09


Investors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.

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Boeing stock opened lower as talks broke down with its biggest union amid a strike. The company is now at risk of a junk bond rating.

Ethiopian Airlines appeared to foresee the deadly confusion its pilots would face if flawed software in the Boeing 737 Max failed. Boeing chose not to provide the guidance that the carrier was seeking.

2024-10-08


The aviation giant accused the union of not giving its proposals serious consideration.

2024-10-03


In a letter, Democratic Senators Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut criticized the Justice Department after continued incidents with Boeing planes.

2024-09-29


Tragedy turned Nadia Milleron, Ralph Nader’s niece, into an activist. Now she’s on a long-shot campaign for Congress.

2024-09-27


Harland and Wolff, the Belfast shipbuilder, has formally entered administration for the second time.

2024-09-25


US lawmakers say regulators need to be tougher on Boeing to force change at the troubled company.

The strike threatens to cost Boeing billions of dollars, deepening the crisis at the aviation giant.

2024-09-24


Investors are weighing the chances of another jumbo interest-rate cut and China's launch of aggressive stimulus.

2024-09-23


More than 30,000 Boeing workers went on strike earlier this month after rejecting a 25% pay rise offer.

A report by the Government Accountability Office said that the agency’s heavy reliance on the systems could jeopardize the safety and efficiency of the nation’s airspace.

Boeing is offering its striking union workers a 30% pay increase over a four-year period in what the company said was its "best and final" offer in ongoing contract talks.

The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.

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The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.

2024-09-21


Boeing's labor dispute has sent its stock to a 52-week low.

2024-09-20


The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million after one week, and those costs are set to escalate.

2024-09-19


Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a longtime coming easing cycle that should lower borrowing costs for consumers and businesses.

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BBC News speaks to Boeing workers on the picket line about why they feel they have no choice but to strike.

2024-09-18


After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be necessary to keep the company afloat.

Boeing says it is suspending jobs for thousands of staff in the US due to a worker strike.

The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.

2024-09-17


Federal mediators are helping the aerospace manufacturer and leaders of the union representing more than 33,000 workers who went on strike last week reach a deal.

Boeing's share price hovers near 52-week lows as the plane maker tries to strike a deal with its machinist union.

Boeing's share price hovers near 52-week lows as the plane maker tries to strike a deal with its machinist union.

Boeing's share price hovers near 52-week lows as the plane maker tries to strike a deal with its machinist union.

2024-09-16


Investors are bracing for a crucial week dominated by the Fed's first interest rate cut in four years.

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Investors are bracing for a crucial week dominated by the Fed's first interest rate cut in four years.

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2024-09-14


The vehemence of workers over wages and other issues caught the company and union leaders off guard.

2024-09-13


The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'

Toggle co-founder & CEO Jan Szilagyi weighs in on Boeing workers going on strike, the White House meeting with A.I. leaders, and the launch of 'Toggle Terminal.'

Thousands of Boeing workers in Washington State and Oregon walked off the job on Friday in the first strike at the plane maker in 16 years.

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

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(Bloomberg) -- Little more than a month since Boeing Co.’s new chief executive officer took over with a mandate to pull the planemaker out of crisis, things are moving in the opposite direction. Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is World’s First City to Ban Oil and Air Tr