Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week


Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. 

Jordan Gale | AFP | Getty Images

Boeing on Monday sweetened a contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike entered a second week.

The new offer includes higher pay increases, reinstated annual bonuses and an increased ratification bonus, among other changes, Boeing said on its website.

The labor union didn’t immediately comment on the offer.

This is breaking news. Please refresh for updates.

Read more CNBC airline news



Source

Trip.com shares plunge more than 20% as China opens antitrust probe into company
Travel

Trip.com shares plunge more than 20% as China opens antitrust probe into company

Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023.  Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said […]

Read More
Trip.com shares plunge more than 20% as China opens antitrust probe into company
Travel

Trip.com shares plunge more than 20% as China opens antitrust probe into company

Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023.  Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said […]

Read More
Airbnb CEO Brian Chesky on new CTO: We have an opportunity to do AI right for travel and e-commerce
Travel

Airbnb CEO Brian Chesky on new CTO: We have an opportunity to do AI right for travel and e-commerce

Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the hiring of Meta’s former head of GenAI, Ahmad Al-Dahle, as its new Chief Technology Officer, how the move came about, what it means for the company’s AI ambitions, his thoughts on the CA wealth tax, and more. Source

Read More