Category: Strikes

Storms and Strikes Take a Toll on Pre-election Jobs Report

U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.
Boeing Reaches New Deal With Union in Hopes of Ending Strike

The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.
The Jobs Report on Friday May Be a Fluke and a Political Football

Economists expect the October data to show unusually weak job creation. But hurricanes and strikes may account for much of the shortfall.
Boeing Will Sell $19 Billion in Stock Amid Costly Strike

The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.
Why Boeing Workers Rejected a New Contract: Retirement Benefits

A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.
Boeing Union Workers Reject Contract

The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms

As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
Boeing Union Says It Will Vote on New Proposal to End Strike

The machinists union that represents more than 33,000 workers said that the deal includes raises of 35 percent over the four-year life of the contract.
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 Will Cut 17,000 Jobs in Bid to Slash Costs

A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.
Boeing Labor Talks Stall as Strike Nears One-Month Mark

The aerospace manufacturer withdrew its latest offer to a union whose more than 33,000 members went on strike last month, and both sides exchanged blame for the breakdown.
Ports Rush to Reopen After Dockworker Strike Is Suspended

Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.