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News

OPINIONS

 boeing-enforces-temporary-furloughs-amid-strike-ceo-kelly-ortberg-announces-difficult-steps-like-pay-cuts-as-1b-weekly-loss-looms

Boeing has started temporary furloughs for thousands of employees as it grapples with the financial impact of a machinists unio...

 boeing-spokesperson-says-furloughs-will-impact-tens-of-thousands-of-employees

- Reuters Citing Spokesperson 

 boeing-ceo-announces-temporary-furloughs-impacting-us-based-executives-managers-and-employees-leadership-team-to-take-pay-reduction-during-strike-to-preserve-cash-and-support-boeings-recovery

- Reuters 

Core News & Articles

- Reuters Citing Interview 

 boeing-and-its-largest-union-return-to-table-with-federal-mediators-after-30k-workers-strike-over-failed-wage-and-pension-talks

The union is demanding a 40% wage increase over four years, significantly higher than Boeing's 25% offer.

 elon-musk-accuses-faa-of-fining-spacex-over-nonsense-that-doesnt-affect-safety-amazingly-no-starliner-fines-for-boeing

Elon Musk has publicly criticized the Federal Aviation Administration for imposing a $633,009 fine on SpaceX for regulatory vio...

 elon-musk-said-spacex-competitors-only-take-up-less-than-we-do-and-they-take-nothing-down-and-they-get-paid-twice-as-much--10-years-later-its-rival-in-space-boeing-has-frozen-hiring-and-is-weighing-furloughs

SpaceX CEO Elon Musk is riding high on the success of the first-ever private spacewalk. This comes at a time when Boeing has fr...

 boeing-stock-continues-to-fall-after-announcing-hiring-freeze-other-cost-cuts-amid-workers-strike

Boeing shares fall after announcing hiring freeze and delayed pay increases due to worker strike. Analysts predict further upside.

 boeing-settles-deal-fallout-with-embraer-for-150m-details

Embraer shares are trading lower after concluding its pending arbitration with Boeing, resulting in a $150 million payment to E...

 boeing-says-it-is-planning-to-make-significant-reductions-in-supplier-expenditures-will-stop-issuing-majority-of-supplier-purchase-orders-on-737-767-and-777-programs

- Reuters Citing Memo

 boeing-implements-hiring-freeze-and-announces-cash-preservation-measures-amid-strike

https://www.cnbc.com/2024/09/16/boeing-freezes-hiring-cost-cuts-factory-worker-strike.html

Core News & Articles

On September 13, 2024, Air Lease was notified by The Boeing Company that certain union factory workers announced a labor strike...

 over-30000-boeing-workers-are-standing-shoulder-to-shoulder-union-leader-says-strike-could-go-on-for-a-while

The ongoing strike at Boeing may last long, as workers demand higher wages and improved pension plans, International Associatio...

 turkeys-spy-chief-meets-with-hamas-to-discuss-cease-fire-in-gaza-reports

Turkey's intelligence chief met with Hamas in Ankara to discuss Gaza ceasefire negotiations, as Turkey denounces Israel'...

 boeing-faces-junk-rating-as-moodys-warns-of-execution-risk-during-strike

Boeing's credit rating may be lowered to junk as a strike threatens production and cash flow. Analysts estimate a 30-day st...

Core News & Articles

- Pentagon 

 boeing-may-need-to-offer-additional-concessions-to-end-strike-despite-multi-billion-dollar-debt-bofa-analyst

Boeing faces potential need for more concessions amid ongoing strike and significant debt, with shares declining and ratings un...

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