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Boeing machinists on Wednesday rejected a new contract proposal that would've ended a weekslong work stoppage against the embattled aerospace company -- and the union said the strike will go on.
A think tank proposal called for the tech giant to add bitcoin to its balance sheet. MicroStrategy's Michael Saylor had pitched Microsoft's board on the benefits of holding bitcoin.
Day 1: A makes an offer to B. Day 2: B intends to reject the offer by putting a letter in the mail to A rejecting the offer. Day 3: B changes his mind and sends a fax to A accepting the offer. In this situation, whichever communication A receives first will govern. Example 3: Day 1: A makes an offer to sell a parcel of land to B.
With production at Boeing’s facilities in the Pacific Northwest ground to a halt, the company’s woes keep growing.
In the law of contracts, revocation is a type of remedy for buyers when the buyer accepts a nonconforming good from the seller. [1] Upon receiving the nonconforming good, the buyer may choose to accept it despite the nonconformity, reject it (although this may not be allowed under the perfect tender rule and whether the Seller still has time to cure), or revoke their acceptance.
The latest rejected offer included pay raises of 35% over four years. The version that union members rejected when they voted to strike last month featured a 25% increase over four years. The union, which initially demanded 40% pay boosts over three years, said the annual raises in the revised offer would total 39.8%, when compounded.
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News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch family's grip on the publisher by ending a dual class voting structure.