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Boeing strike enters 2nd month as workers rally in Seattle
Boeing strike enters second month as workers rally in Seattle
Boeing factory workers held a large rally in Seattle to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations.Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead.Boeing's financial woes include job cuts,
Washington lawmakers press Boeing, union to resolve monthlong strike
Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists around Seattle and Portland, Ore., to resolve the labor dispute. Around 33,
Boeing plans to raise up to $35B to shore up finances
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
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.
Boeing plans to raise up to $35B to shore up finances as strike continues
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.
Boeing plans to raise $15bn with common shares and convertible bonds amid ongoing strike crisis, sources say
The report, citing unnamed sources, said that a $15 billion sale may not be enough for Boeing to address its ongoing crises
Boeing, convertible bond
Boeing closes in on $15 billion financing via stock, hybrid bonds
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters.
Boeing Closing In on Plan to Raise $15 Billion in Stock, Bonds
Boeing Co. is considering raising about $15 billion in a sale of shares and a mandatory convertible bond, Reuters reported, citing people familiar with the matter.
Boeing To Raise Up To $25 Billion, Gets $10B Credit Line
Key Takeaways Struggling plane maker Boeing plans to sell as much as $25 billion in debt or stock, and received a $10 billion bank credit line.Boeing has been in financial turmoil as it faced problems with aircraft production and is being hit by a strike by machinists that's now a month old.
2h
on MSN
Boeing’s Strike Stalemate Leaves Mediators Hunting For Consensus
It’s been more than a week since Boeing Co. broke off contract talks with the union representing 33,000 striking hourly ...
2h
Can Boeing Keep Its Balance Amidst The Shifting Winds?
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
1d
Boeing strike: What aircraft are affected?
Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest ...
7h
Boeing strike at the crossroads: What workers need to fight intervention by government and Wall Street
First, behind Boeing is Wall Street, which has already backed the company with another $10 billion in loans. Kelly Ortberg ...
13h
Ryanair Chief Says Boeing To Blame For Lower Traffic Growth
Ryanair’s CEO Michael O’Leary said that in his 30 years in the airline industry he had never seen capacity constraints like ...
13h
Striking Boeing workers boo after Democratic Sen. Maria Cantwell criticizes Trump
Sen. Maria Cantwell was booed after mentioning a housing shortage and blaming it on former President Trump during a union rally with striking workers.
KUOW
14h
Inside the '90s merger that started Boeing's long decline
Now the company has to rebuild trust with workers as well as airline customers who have been canceling orders.
17h
Boeing Cash Patch Will Be Ripped Off
Boeing needs a lot of things, but what it needs most is cash. Boeing burned about $1 billion in the quarter that most ...
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