Boeing enters $10 billion credit agreement as striking workers bleed company
Boeing entered the agreement as it fights with striking workers costing the company roughly $1 billion a month.
Hundreds of Boeing workers rally as strike hits second month
SEATTLE >> Boeing factory workers held a large rally in Seattle today 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 will lay off 10% of its employees as a strike by factory workers cripples airplane production
Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.
Boeing Factory Workers to Rally in Seattle as Strike Enters Second Month
SEATTLE -Boeing factory workers will hold a large rally in Seattle on Tuesday 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 factory strike crosses 1-month mark as pressure mounts on new CEO
It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract.
Video: LIVE: Boeing factory workers rally in Seattle as strike enters second month
Boeing factory workers rally in Seattle as strike enters second month Boeing factory workers hold a rally in Seattle, Washington, 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 CEO Kelly Ortberg needs to change the company culture, says Yale's Gautam Mukunda
Gautam Mukunda, professor of management at the Yale School of Management, joins 'Squawk Box' to discuss the state of the ...
Boeing Plans 17,000 Job Cuts as CEO Ortberg Shakes Up Plane Maker
KEY TAKEAWAYS Boeing shares fell Monday after the troubled plane maker announced a slew of cost-cutting measures and billions ...
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Troubled Boeing signals it may raise up to $25 billion to shore up finances
Boeing is moving toward raising up to $25 billion to shore up its troubled financial position. The company signaled Tuesday that it could raise that much money by issuing new stock or debt over the ...
Kelly Ortberg
Boeing CEO Kelly Ortberg wrote in a memo that the aerospace giant is cutting 10% of its 170,000 workforce. Police in western ...
Emirates really isn't happy with Boeing — and is planning a 'serious conversation' about the latest 777X delay
Emirates is the biggest customer for the Boeing 777X, and its president is not impressed with the latest delay announced by ...
Analysis: Boeing’s endless doom loop gives no respite to CEO Ortberg
As Boeing Co. lurches from one crisis to the next, there’s been one constant for the embattled planemaker: Its predicament ...
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Boeing to cut 10% of workforce, stop most 767 production amid strike
Boeing will lay off 10% of its workforce in the coming months and cut its production amid a month-old strike that has left ...
Boeing is raising $10 billion from 4 major banks — and could sell another $25 billion in securities
Boeing announced it has entered a credit agreement with four banks to raise $10 billion as a mass strike enters its fifth ...
Boeing shores up cash reserves as labor strike, operations costs soar
Boeing made a couple of big moves late Monday night to shore up its balance sheet as the company faces an extremely difficult ...
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Boeing to cut 10% jobs, postpone delivery of 777X jet due to financial loss
Boeing will cut its workforce by roughly 10% and postpone first deliveries of its 777X jet due to record financial losses, ...