Boeing's shares rose 3% in premarket trading after a tentative labor agreement with a Pacific Northwest union, which includes a 25% wage increase and a commitment to build future aircraft in Seattle, potentially averting a major strike.
Tags: Boeing
Boeing Workers End Seven-Week Strike After Approving New Deal That Secures 38% Pay Increase
Boeing workers ended a seven-week strike, accepting a new contract that provides a 38% pay increase and a $12,000 bonus, although the previous pension plan will not be reinstated.
Boeing Considers Selling Space Division Due to Starliner Delays and $1.8 Billion in Extra Costs
Boeing is considering selling parts of its space business, including Starliner, due to delays and rising costs from a machinist strike.
Boeing Axes 17,000 Jobs as Strike by 30,000 Machinists Continues; 777x Model Launch Now Delayed to 2026
Boeing faces increasing losses as the ongoing machinist strike extends into its fifth week, causing workforce cuts as the production delays.
US Jobless Rate Surges by 15%; Majority Due to Hurricane Helene and Boeing Strike
The US jobless rate last week has risen by 33,000 to 258,000, exceeding predictions, mostly due to Hurricane Helene and Boeing's temporary furlough for thousands of employees.
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The person behind the social media handle DogPack404, only identified as Dawson, has been issued two cease and desist orders from MrBeast, the social media brand headed by embattled YouTuber Jimmy Donaldson, after accusations of fraudulent practices.
Aerospace industry veteran, Robert "Kelly" Orberg is Boeing's new CEO, effective August 8, 2024, replacing David Calhoun after a $1.4 billion loss in the second quarter and ongoing regulatory issues.
Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.
A United Airlines Boeing 757 lost a landing gear wheel while taking off from LAX on July 8, but safely landed in Denver with no further incident.
After two deadly 737 MAX crashes, Boeing finally pleaded guilty to criminal fraud charges with a $243.6 million fine. Here's how the criminal charges stacked up since 2018.
Boeing would reportedly plead guilty to one count of conspiracy to defraud the US and pay up to $487 million in penalties to avoid prosecution.
![[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes](https://d.vcpost.com/en/full/106532/timeline-how-boeing-came-under-fire-federal-lawsuit-over-fatal-crashes.webp?w=329&h=190&f=dc7eedb975ababc0ebba342a262d1d7c)
Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
Boeing reportedly agreed to purchase Spirit AeroSystems for $4 billion after months of talks. The damaged Spirit AeroSystems sign is seen damaged after an EF3 tornado touched ground on April 15, 2012 in Wichita, Kansas.
Due to technical issues with Boeing's Starliner capsule, NASA has extended astronauts' stay, delaying their return indefinitely.
