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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 factory strike crosses 1-month mark as pressure mounts on new CEO
Now, he said the company plans to cut 10% of its workforce in "the coming months." The announcement came as a factory strike crossed the one-month mark, but Ortberg said Boeing overall needs to align with a "more focused set of priorities.
Boeing strike has already cost the company and workers $5 billion, new analysis shows
The multi-billion-dollar tab highlights the difficulties facing the aircraft maker, once a byword for American quality.
Boeing Seeks to Line Up Billions in Financing
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 to raise up to $33b as strike weighs on finances
In a regulatory filing, Boeing indicated plans to raise the funds by selling stock and debt. Read more at straitstimes.com.
Troubled Boeing signals it may raise up to $25 billion to shore up finances
Boeing signaled Tuesday that it could raise up to $25 billion in new stock or debt to shore up its balance sheet after years of heavy losses. The company said in back-to-back regulatory filings that it could raise the cash over the next three years.
19m
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 ...
6m
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
59m
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 ...
2d
Strike-hit Boeing Leaves Experts Puzzled By Strategy
A historic round of cost-cutting measures at Boeing has left experts perplexed and wondering whether the aviation giant, ...
Greek Reporter
1d
Boeing Is Preparing for War With Its Own Workers
Boeing is prepared to raise $25 billion via a stock and debt offering and has entered into a $10 billion credit agreement ...
1d
on MSN
Boeing shores up cash reserves as labor strike, operations costs soar
Boeing (BA) made two big moves late Monday night to shore up its balance sheet as the company faces an extremely difficult ...
1d
on MSN
Boeing to Sell Stock to Raise Cash. It Isn’t About the Strike.
Aerospace firm Boeing disclosed it plans to raise up to $25 billion by selling securities. The company had about $20 billion ...
1d
on MSN
Boeing to send pink slips to thousands of workers within weeks as January layoffs loom: report
Boeing will be sending out thousands of layoff notices after CEO Kelly Ortberg last week announced the company would be ...
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