Boeing strike costs top $1.4 billion as pressure on company mounts
It's been two weeks since Boeing's 33,000 machinists went on strike, and the company is bracing for financial fallout. The aircraft maker has put hiring freezes, furloughs, pay cuts for its leaders and forced most of the D.C. lobbying firms it hired to save cash after its machinists walked off the job shortly after midnight […]
Port employers file complaint against union to resume negotiations as strike looms
Fruit and vegetable importer Peter Kopke Sr. discusses the impact of the impending port strike on 'The Bottom Line'. employer of East Port and Bay Port filed an unfair labor practice complaint Thursday against the longshoremen's union, accusing it of refusing to negotiate ahead of a threatened strike on Oct. 1. The United States Maritime […]
Video game actors declare strike on ‘League of Legends’ maker
The Video Game Actors Guild has filed an unfair labor practice complaint against Formosa Interactive, which provides voiceover services for the popular online game “League of Legends,” and declared a strike on Tuesday, the actors' union announced. SAG-AFTRA members have suspended performance services to League of Legends, a massively multiplayer online battle arena game developed […]
What kinds of product shipments would be disrupted by port strike?
Eric Hoplin, CEO of the National Wholesalers & Distributors Association, talks about the possibility of a port strike on Mornings with Maria. A strike by some 45,000 union members is looming Dockworker Major flooding could begin next week on the East Coast and Gulf Coast, disrupting shipments of a variety of products as the presidential […]
US grocery stores could be without popular fruit within weeks as 45,000 dockworkers threaten to strike
See what's clicking on FoxBusiness.com. American consumers may soon be unable to buy bananas and other popular fruits when they go grocery shopping: If 45,000 dock workers who have threatened to strike actually do so, fruit aisles could be emptied and prices could skyrocket. The International Longshoremen's Association (ILA), which is negotiating on behalf of […]
Boeing makes 'best and final' offer to machinists union in bid to end strike
Boeing raised its offer to striking factory workers on Monday, seeking to end the strike that has all but halted production for more than a week. The proposal, which the company called its “best and final” offer to the International Association of Machinists and Aerospace Workers (IAM), would raise workers' wages, reinstate annual bonuses and […]
Boeing sweetens pay for workers as strike enters second week
Boeing on Monday increased its wage proposal for thousands of striking workers, offering a 30 percent prevailing wage increase over four years in what the company called its “best and final” offer as the strike drags on. The company is also offering to reinstate performance bonuses, increase severance pay and double recognition bonuses to $6,000 […]
Hezbollah Leaders Killed In Israeli Air Strike On Beirut
An Israeli airstrike killed a senior Hezbollah official and at least 15 others in Beirut on Friday, according to the Israel Defense Forces (IDF). The attack on Hezbollah's Radwan unit reportedly resulted in the deaths of special operations commander Ibrahim Akil and 15 other terrorists, according to the Israel Defense Forces. Announced On Saturday, Hezbollah […]
Another Russian Arms Depot on Fire After Ukraine Drone Strike
KIEV, Ukraine (AP) — Ukraine launched more than 100 drones at Russia last night over its seizure of Crimea, sparking a fire and explosions at a Russian arms depot deep inside the country and blocking a major highway, Russian media agencies and the Defense Ministry said. The warehouse appears to be just a few kilometers […]
Port of New York and New Jersey winding down operations ahead of looming strike
The Port of New York and New Jersey is preparing for an all-out strike by unionized dockworkers on the East and Gulf Coasts, which handle nearly half of the nation's ocean cargo, potentially triggering a supply chain crisis that has upended the economy in the wake of the COVID pandemic. The International Longshoremen's Association union, […]