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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
Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on the East and Gulf Coast ports.
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 Hones $15 Billion Financing Plan to Weather Crises, Sources Say
The company said on Tuesday in regulatory filings that it could raise as much as $25 billion in stock and debt with its investment-grade credit rating at risk. One of the sources cautioned that a $15 billion sale may not be enough for Boeing to address its ongoing crises.
Boeing, convertible bond
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 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 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.
4h
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 ...
2d
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 ...
3d
on MSN
Union Strike, New CEO: Why Boeing's Issues May Only Get Worse for the Stock
Boeing and its new management team have not matched the union demands, causing a pause in production at its factories and a ...
22m
on MSN
Boeing delays are wreaking havoc with the airline industry's plans, and flyers may well feel the pain
Ryanair CEO Michael O'Leary expects delivery delays to reduce its growth next year, while Emirates is frustrated with the yet ...
52m
on MSN
Bernstein analysts cut price target for Boeing, citing impact of ongoing strike
Analysts at Bernstein have cut their price target for Boeing (NYSE:BA) shares to $195 from $207, citing the financial hit ...
3h
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 ...
Arabian Business
4h
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 ...
9h
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 ...
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