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The Latest Breaking News from Boeing

Boeing Strike Enters Second Week, Losses Touch $572M

Boeing's machinist strike jeopardizes the company's junk debt position. Unresolved labor issue; stock stable; mounting financial pressure.

International Business Times

US Jobless Claims Drop To Four-Month Low, Indicating Job Market Recovery

Unemployment claims in the U.S. dropped in 4th-month low, which signals better conditions in the job market.

International Business Times

Strike Shows Challenge To Boeing 'Reset' Of Labor Relations

In his first day at Boeing, Kelly Ortberg visited the factory floor to speak with workers on the 737 MAX program, part of the new CEO's effort to "reset" labor relations.

International Business Times

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Boeing jet forced into emergency landing after passengers 'start bleeding from ears and noses’

Panic on US Delta Air Lines flight as passengers were hit by the sudden drop in pressure

Evening Standard

Boeing stock misses market rally as strike forces furloughs

Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current shareholders.

Fortune

Boeing accused of being ‘unprepared’ for federal mediation as strike continues

Union members ‘frustrated’ that company was allegedly unwilling to discuss wages and pensions in negotiations

The Guardian - US

Boeing To Start Large-scale Furloughs With Seattle Strike Talks Stalled

Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that shuttered Seattle manufacturing plants -- while talks with a union stalled.

International Business Times

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Boeing CEO Announces Employee Furloughs Amid Factory Worker Strike

Boeing's CEO announces furloughs amid factory workers' strike to conserve cash. The strike impacts operations and financials.

Top News

Boeing CEO says the company will begin furloughs soon to save cash during labor strike

Boeing’s CEO says the company will begin laying off a large number of employees to save cash during the strike by union machinists

The Independent UK

Boeing Not Taking Strike Talks Seriously, Union Says

The union for striking Boeing workers said Tuesday the aviation giant was not "taking mediation seriously," after some 33,000 US employees walked out last week over a contract dispute, effectively shutting down two Seattle-area plants.

International Business Times

SpaceX Crew-9 astronaut launch delayed to Sept. 26

Nick Hague, an active US Space Force Guardian, will lead the next ISS mission in his role as a NASA astronaut. The mission is now targeting a Sept. 26 liftoff.

Space

The stranded astronauts are stoic. NASA shouldn’t be

NASA has doled out billions to work with private companies on space hauls. It’s still unclear what value the space agency is getting for taxpayers’ money.

Fortune

Boeing, Union Resume Talks As Strike Empties Seattle Plants

Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.

International Business Times

'A death spiral of its own making': Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job

No word on whether that means the CEO's private jet is still allowed.

Fortune

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The Independent UK

Bloody noses and ruptured eardrums: Delta flight forced to return in minutes amid scary ‘pressurization issue’

One passenger said the experience felt like she had been stabbed in the ear

Autosport

How MotoGP is racing the clock to reach Mandalika on schedule

Roughly speaking, the distance between Misano's Marco Simoncelli circuit and the Mandalika circuit in Indonesia is about 12,000 km (or 7,316 miles to be more precise). That is not very impressive in isolation.

Top News

Conservative Watchdog Group Launches Probe Into NASA's Astronaut Situation

Conservative group investigates NASA's decision to extend astronauts' stay at ISS, raising concerns over political motives and safety in space policy.

International Business Times

Boeing Mulls Temporary Furloughs As It Cut Costs Amid Strike, Credit Rating Woes

Due to a labor dispute, Boeing places travel limits, hiring freezes, and furloughs since its credit rating is at risk after $33 billion in losses since 2019.

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Fortune

Boeing’s CFO wants to cut costs but it could be a risky maneuver

The company has a major new dilemma on its hands.

France 24

Amazon CEO hopes to rekindle startup spirit by ending remote work

In a long memo sent to Amazon staff on Monday, CEO Andy Jassy told the tech giant's corporate employees that they would no longer be allowed to work remotely so that they are "better set up to invent, collaborate, and be connected enough to each other". Amazon had previously faced…

International Business Times

Boeing, Union To Resume Talks As Strike Quiets Seattle Plants

Negotiators from Boeing and the machinists union are scheduled to resume talks Tuesday after some 33,000 workers went on strike late last week.

The Independent UK

Boeing says it's considering temporary layoffs to save cash during the strike by machinists

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

Fortune

As Boeing's workers strike, CEO Kelly Ortberg may need to pay up

Boeing announced cost-cutting measures Monday as rating agencies consider downgrading its debt to junk and the stock falters.

France 24

Boeing announces hiring freeze, sweeping cost cuts as strike continues

Boeing has announced a hiring freeze and cost-cutting measures amid a crippling strike at its assembly plants that has brought production of its best-selling jets, including the 737 MAX, to a virtual halt. But first, lawyers for TikTok and ByteDance have made their case against a US law, signed back…

International Business Times UK

'We're Happy He Can Afford A New Mansion... Some Of Us Live Paycheck To Paycheck': Boeing CEO Buys $4.2M Mansion Amid Wage Strikes

Boeing CEO Robert Ortberg recently bought a $4.1 million Seattle mansion amid a strike by thousands of Boeing factory workers demanding a 40% pay raise.

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