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The Latest Breaking News from Boeing

Boeing Overcharged Air Force For C-17 Spare Parts

Boeing faces scrutiny for overcharging Air Force on C-17 spare parts amid financial challenges.

Top News

Final jobs report before 2024 election shows lackluster numbers amid hurricanes, strikes

The unemployment rate remained virtually unchanged as the economy adds only 12,000 jobs

The Independent UK

Hang Son Doong: The world's biggest cave, so 'outrageous in size' it fits 2 jungles and the 'Great Wall of Vietnam'

Vietnam's Son Doong cave is so large, you could squeeze 15 Great Pyramids of Giza inside it and fly a Boeing 747 airplane through some of its passages.

LiveScience

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US adds only 12,000 jobs in October in final report before election

Average monthly job gains in 2024 had been about 200,000, but new figures affected by Boeing strike and hurricanes

The Guardian - US

US economy added only 12,000 jobs in October in shock pre-election drop – as it happened

Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election

The Guardian - UK

US Election Race Awaits Employment Data

The United States unveils its monthly employment figures Friday -- a final major economic snapshot at the end of a razor-edge presidential election campaign in which cost-of-living issues have dominated voter concerns.

International Business Times

Boeing workers to vote on 38% pay rise offer to end weeks-long strike

Striking workers to vote Monday on contract that includes 38 percent pay rise and $12,000 ratification bonus.

Al Jazeera

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Boeing Again Raises Offer To End Strike, Union To Vote Monday

US aviation giant Boeing has once again improved the conditions in its contract offer to thousands of striking workers, hoping to put an end to a painful strike that has paralyzed its two main factories for seven weeks.

International Business Times

Boeing workers will vote on a new contract offer to end 7-week-old strike

Striking workers at Boeing will vote on a new contract offer next week

The Independent UK

Pentagon audit says Boeing cleaned up on Air Force parts, including soap dispensers marked up 8,000%

According to a Pentagon audit, Boeing has overcharged the Air Force on spare parts for a major cargo plane, including marking up the price of simple lavatory soap dispensers by 8,000%

The Independent UK

Striking Boeing Workers Aim To Restore Old Retirement Program

Some 33,000 Boeing workers have been on strike for seven weeks after twice voting down labor contracts, with the latest rejected offer featuring a 35 percent wage hike.

International Business Times

On Punishing Speech vs. Punishing Conduct

A university president provides a helpful explanation of the difference.

Reason

The Twentieth Anniversary of the Crime Victims' Rights Act

Twenty years ago to the day, the CVRA took effect ... changing the legal culture in federal criminal cases.

Reason

NASA announces 9 possible moon landing sites for Artemis 3 lunar mission

NASA has refined its list of potential landing sites near the moon's south pole for its Artemis 3 mission, which aims to return astronauts to the lunar surface no earlier than 2026.

Space

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Space

Debris from satellite breakup threatens other spacecraft, animation shows

Debris from the broken-apart Intelsat 33e telecom satellite is spreading across geosynchronous orbit, threatening spacecraft in this precious region of space, an animation shows.

Reason

Pentagon Paid Nearly 8,000 Percent Markup on Boeing's Bathroom Soap Dispenser

The Air Force paid nearly $150,000 above market value for airplane bathroom fixtures, a Department of Defense watchdog found.

International Business Times

Riyadh Air Orders 60 Airbus Planes

Saudi Arabia's new national airline, Riyadh Air, announced on Wednesday it has ordered 60 narrow-body aircraft from Airbus, as it prepares for takeoff next year.

International Business Times

Boeing And Union Hold 'Productive' Meeting Amid Ongoing Strike

The International Association of Machinists and Aerospace Workers Local 751 said that with the assistance of Acting U.S. Labor Secretary Julie Su, the union's bargaining committee "had a productive face-to-face meeting with the company to address key bargaining issues.

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Space

Boeing considers selling its space business, including Starliner: report

Boeing may sell its space business in the wake of troubles with its Starliner spacecraft program, according to a new report. But the discussions are at 'an early stage.'

The Independent UK

This little-known hack will bag you extra legroom on easyJet and Ryanair

It may be only up to an inch more... but why settle for less?

The Independent UK

Why is British Airways cancelling flights between London Gatwick and New York?

British Airways has cancelled flights on the London-New York route for around three months over the winter period

Fortune

Boeing will sell $19 billion in shares to avoid credit downgrade

The new offering is another blow to the company’s long-suffering shareholders, who will see the value of their holdings diluted.

International Business Times

Boeing Announces Stock Offering Expected To Raise Up To $19 Billion

Boeing announced a stock offering on Monday expected to raise up to $19 billion, saying proceeds will go towards repaying debt and investing in its subsidiaries.

The Guardian - UK

Boeing to raise up to $19bn amid costly strike and safety crisis

US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet

The Guardian - UK

Volkswagen to shut at least three German factories, union warns; Oil price falls 5% after Israel’s attack on Iran – as it happened

Rolling coverage of the latest economic and financial news

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