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Labor costs will rise and earnings will fall for Boeing in future years. ... It might prefer to pay 6% dividends on the preferred stock rather than convert, and it might convert at a lower ratio ...
(Reuters) -Boeing said on Tuesday that it had withdrawn its pay offer to around 33,000 U.S. factory workers and no further negotiations were planned with their union representatives as a ...
Workers had initially sought a 40% cumulative pay increase. The proposal also called for hiking Boeing's contribution to a 401(k) plan, but it declined to fulfill workers' call for a reinstatement ...
About 33,000 Boeing factory workers in the Pacific Northwest began a strike Friday after rejecting a proposal to raise pay by 25% over four years. They want raises of at least 40%, the return of a ...
(Reuters) -Striking machinists at Boeing will vote Wednesday on a new contract proposal that includes a 35% pay hike over four years that could end a costly five-week-old strike, the company and ...
(Reuters) -Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its best-selling 737 ...
Sam Mohawk is a 51-year-old quality assurance investigator at Boeing's factory in Renton near Seattle, a huge plant where the 737 Max is built. It is the company's best-selling aircraft, but one ...
Shareholders of embattled airplane maker Boeing have approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun.