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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 […]

Ukraine Claims Another Strike by Rail Saboteurs Against Russia

A railway line behind the front line of the Ukrainian war was bombed this week, destroying a freight train and halting services, with Ukraine claiming responsibility and Russia saying it would open a criminal terrorism investigation. The rail line to Valiki in the Belgorod region of Russia, just 50 miles from the fighting at the […]

American Airlines flight attendants approve new 5-year contract, avoiding strike

Fitzgerald Group President Keith Fitzgerald talks about the machinists union striking against Boeing, the market outlook and the expected Federal Reserve policy meeting. American Airlines and its flight attendants have agreed to a new five-year contract. The Association of Professional Flight Attendants said 95 percent of flight attendants eligible to vote voted, and 87 percent […]

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, […]

Boeing workers going on strike after 96% vote for walkout

Workers at Boeing's US West Coast factories are set to walk out after 96% of workers voted on Thursday to strike, halting production of the planemaker's best-selling jetliner as it struggles with chronic production delays and mounting debt. The workers' first strike since 2008 is scheduled to begin at midnight Pacific time on Friday. This […]