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Striking Boeing workers vote on contract
Striking Boeing workers vote on contract as company’s losses grow
Members of
Boeing
’s largest union began voting Wednesday whether to end their 41-day
strike
and accept a four-year contract proposal as the aerospace giant reported a quarter of multibillion-dollar losses, and its new CEO acknowledged the company’s ...
Boeing workers vote on proposal that could end strike
The strike was set to cost Boeing $108 million per day in lost revenue, amounting to as much as $5.5 billion in losses should the work stoppage last 50 days, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 40 days.
Boeing awaits union vote on wage deal that could end costly strike
Boeing factory workers will vote on Wednesday on a new contract proposal that could bring an end to a more than five-week strike, in a crucial moment for the troubled planemaker as it wrestles with a deepening financial crisis.
Boeing's new CEO vows to make it 'iconic' again
Boeing’s new CEO says the company will be ‘iconic’ again—even after losing more than $6 billion last quarter
“It will take time to return Boeing to its former legacy but, with the right focus and culture, we can be an iconic company and aerospace leader once again,” Ortberg said in the company’s quarterly statement ahead of its Wednesday earnings report.
Boeing CEO presses turnaround as loss balloons to $6 billion
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a "fundamental culture change" at the struggling planemaker as its quarterly losses surged to $6 billion due to a crippling strike.
Boeing's new CEO vows to make it 'iconic' again after posting $6.1 billion loss in his 1st earnings
"With the right focus and culture, we can be an iconic company and aerospace leader once again," said Boeing CEO Kelly Ortberg
Boeing Co. Q3 Loss Increases
Boeing is expected to report a big Q3 loss
The strike is an early test for Kelly Ortberg, a Boeing outsider who became CEO in August. Ortberg has already announced large-scale layoffs and a plan to raise enough cash to avoid a bankruptcy filing.
The Boeing Co. Q3 Loss Increases
The Boeing Co. (BA) reported Loss for its third quarter that increased from the same period last year The company's bottom line
Boeing (BA) Reports Q3 Loss, Misses Revenue Estimates
Boeing (BA) came out with a quarterly loss of $10.44 per share versus the Zacks Consensus Estimate of a loss of $10.34. This compares to loss of $3.26 per share a year ago. These figures are adjusted for non-recurring items.
WHIO
6m
Striking Boeing workers are voting on a new contract offer as the company reports a $6 billion loss
EVERETT, Wash. — (AP) —
Boeing
factory workers were voting Wednesday whether to accept a contract offer that includes big ...
Defense News on MSN
1h
Strike, fixed-price contracts leave Boeing defense bleeding cash
Boeing's ongoing problems with a crippling machinist strike and costly fixed-price development contracts left the company - ...
7h
on MSN
Boeing loses $6.17 billion in Q3, CEO calls for company reset as IAM votes on ending strike
Boeing CEO Kelly Ortberg called for a fundamental culture change to stabilize the company as it reported a third quarter net ...
9h
Boeing Machinists appear split on offer to end strike as they cast ballots
The union members will vote until 5 p.m. today on the contract offer, after Boeing earlier announced another staggering ...
4h
Boeing loses $6.1 billion in Q3 following five-week strike
The company reached a tentative deal with its 33,000 employees, which includes a 35% wage increase over four years, a $7,000 ...
Investopedia on MSN
10h
Boeing Posts Wider Loss Than Expected as It Awaits Union Vote on Ending Strike
David Ryder / Bloomberg via Getty Images
Boeing
(BA) reported third-quarter results below analysts' estimates Wednesday as ...
3h
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly ...
1d
Boeing strike costliest in economic damage so far in 2024
Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say ...
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