Boeing announced this week it is reducing executive pay and furloughing non-union employees during a strike by 33,000 union members.
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CNBC's Phil LeBeau reports on news from Boeing.
The planemaker finds itself in an increasingly untenable situation with its finances so dire that it can ill afford a ...
Conventional wisdom holds that the longer a strike goes on, the more money a business will lose. For the Boeing Company, that ...
The Boeing strike is the latest test of the Biden-Harris administration’s labor agenda, with more challenges on the way.
The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million ...
Union employees at Boeing’s Portland location took to the picket line on Thursday and are demanding what they describe as fair wages, a legitimate retirement plan, and a focus on increasing public ...
WICHITA, Kan. (KWCH) - Textron Aviation has proposed its final contract offer to Boeing employees represented by the machinists union before the contract expires at 11:59 p.m. on Sunday, Sept. 22.
Boeing CEO Kelly Ortberg implements cost-saving measures, including furloughs and pay cuts in response to worker frustrations ...
"The spending money from workers on strike is going to, not dry up, but certainly shrink. That could effect discretionary spending, cutbacks on groceries and that sort of thing," Hamilton said. Boeing ...
In an effort to contain the growing opposition of auto workers to layoffs at Stellantis before the 2024 elections, Shawn Fain, president of the UAW, gave a speech on Tuesday that combined vague talk ...