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Boeing factory workers to rally in Seattle as strike enters second month

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.

Business Insider on MSN · 10h

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.

The Motley Fool on MSN · 2d

Boeing's Labor Strike Enters Week 5: How Bad Could This Get?

Depending on whom you ask, Boeing is losing anywhere from $1 billion per week (says The Washington Post) to $1 billion per month (says CNBC) as this strike drags on. Prior guesses have ranged as high as $100 million to $150 million per day (which works out to $3 billion to $4.5 billion per month).

Boeing Seeks to Line Up Billions in Financing

The New York Times · 3h

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.

The Associated Press on MSN · 26m

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 and enter into a new borrowing agreement with lenders.

Reuters on MSN · 2h

Boeing lines up $35 billion in funds as strike hammers finances

Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and a $10 billion credit agreement with major lenders amid a production and regulatory crisis.

Boeing to send pink slips to thousands of workers

New York Post on MSN · 1h

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 cutting 10% of its workforce.

Yahoo · 1h

Boeing is about to send thousands of pink slips

Boeing (BA) is about to start the countdown clock on 10% of its workforce losing their jobs. Reuters reports that the company will begin sending 60-day notices to affected employees next month.

U.S. News & World Report · 1d

Boeing Prepares Layoff Notices for Thousands of Workers as Turmoil Deepens

Most analysts expect Boeing to raise up to $15 billion through a share issue. But the perception of major airlines to Boeing's financial risk remains a sensitive topic as many hav

2don MSN

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.

8mon MSN

Boeing enters $10B credit agreement with group of banks, report says

Boeing has entered a credit agreement with a group of major banks amid a strike that’s passed the one-month mark. According ...

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 ...

Boeing wants to sell new stock to raise cash as a costly strike drags on

Boeing (BA) on Tuesday said it would look to raise up to $25 billion by selling stock and debt, and it also entered a new ...

21h

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, ...

Boeing strike: Acting US labor secretary to meet with both sides

Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges ...

Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company

Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a ...

1don MSN

Boeing Stock Is Falling. Layoffs and Earnings Are Coming as Strike Continues.

The move comes after Boeing announced, on Friday, a huge third-quarter loss and layoffs impacting some 17,000 workers as a ...

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