Boeing Workers Reject 35% Pay Hike To $140K, The Strike Continues.

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  • Author(s): MILLER, HARRISON (AUTHOR)
  • Source:
    Investors Business Daily. 10/24/2024, pN.PAG-N.PAG. 1p.
  • Additional Information
    • Subject Terms:
      BOEING Co.; EARNINGS announcements; QUARTERLY reports; EMPLOYMENT furloughs; GROWTH stocks; TENTATIVE agreements; GENERAL Electric Co.; EXCHANGE traded funds; DOW Jones industrial average
    • Abstract:
      Boeing workers have rejected a proposed 35% pay increase over four years, leading to a continued strike at the company's manufacturing facilities. The International Association of Machinists union members voted against the offer, with negotiations ongoing. The strike, which began in September, has impacted Boeing's operations and suppliers, with Spirit AeroSystems and GE Aerospace closely monitoring the situation. [Extracted from the article]
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