Boeing to furlough ‘large number’ of US executives as strike continues
Boeing Co said Wednesday it would temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of the 737 Max and other planes. “We will begin a temporary administrative leave over the next few days, which will impact a large number of U.S.-based executives, managers and employees,” […]
Boeing begins layoffs amid labor union strike, controversy over CEO’s home purchase: ‘Very difficult time’
Boeing CEO Kelly Ortberg traveled to Seattle while 33,000 Boeing employees stood on the picket line. (Photos by Derrick Louis, Clarity Northwest Photography, and Laura Halliday, Realogix Sotheby's International Realty and KCPQ) Boeing is launching a series of layoffs in response to a strike by the company's largest labor union, it said in a statement […]
Watchdog group sues for NASA emails with ‘Space Czar’ Harris, Boeing as astronauts linger in orbit
Harris performs “word salad” again: Faulkner Steamboat Institute research fellow Kayleigh McGehee White and former New York State Senator David Carlucci discuss Kamala Harris' ABC interview and the Vice President's shifting stance on various issues. A conservative watchdog group has filed a lawsuit against the National Aeronautics and Space Administration (NASA) seeking documents regarding the […]
Astronauts Stranded by Boeing Discuss Challenging Extended Stay in Space
In their first press conference since being confined to the International Space Station (ISS), NASA astronauts Barry “Batch” Wilmore and Suni Williams gave an inside look at life on their unexpected long-term spaceflight. of Daily Mail Reports Veteran astronauts Barry “Batch” Wilmore and Suni Williams were scheduled to launch to the International Space Station aboard […]
Boeing, strike, stock, cash | Fox Business
Third Bridge's head of global analysts, Peter McNally, talks to “The Big Money Show” about how the Boeing factory worker strike is affecting business. Aircraft maker Boeing is dealing with ongoing strikes and a growing threat to profits, sending its shares lower on Monday. In a letter to employees, Chief Financial Officer Blaine West outlined […]
Boeing imposes hiring freeze after strike spurs drastic measures to save cash
Boeing Co. said it was freezing hiring for the next few weeks and considering layoffs to control costs after a strike by more than 30,000 workers who assemble planes at West Coast factories entered a fourth day on Monday. “We know these actions will create uncertainty and concern,” Boeing Chief Financial Officer Brian West said […]
Boeing gives ominous warning after workers go on strike
Boeing Chief Financial Officer Brian West said on Friday that a strike by more than 30,000 workers at the company's West Coast factories that began on Friday will make it difficult for the company to meet its 737 Max production targets and stabilize its supply chain. West also told the Morgan Stanley Laguna conference that […]
Boeing Employees Go On Strike After Rejecting 25% Increase In Pay, With Production In Question
Union members react as Aerospace Machinists District 751 President John Holden (outside frame) announces that members will reject Boeing's proposed contract and go on strike following the results of a vote at union hall in Seattle, Washington, on September 12, 2024. Seattle-area Boeing workers voted overwhelmingly to strike on September 12, rejecting a contract that […]
Boeing machinists go on strike
Boeing factory workers overwhelmingly rejected a new union agreement with the company and went on strike early Friday morning. About 33,000 machinists went on strike on the West Coast just after midnight after the International Association of Machinists and Aerospace Workers (IAM) union began the walkout. 94.6 percent announced 96% of workers voted against the […]
Boeing workers vote to strike after contract negotiations rejected by members
Horizon Investments Chief Investment Officer Scott Ladner and Aquinas Wealth Advisors President Chris McMahon break down the market's latest “paradox” and shares of Boeing Co. and Alphabet Inc., respectively. Boeing factory workers are reportedly planning to strike on Friday after union members voted in favor of a strike late Thursday night. “This is about respect, […]