Boeing Co
Boeing withdraws contract offer after talks with union end without a deal
Workers picket outside a Boeing Co. facility during a strike in Everett, Washington, US, on Monday, Sept. 16, 2024. Boeing Co. factory workers walked off the job for the first time in 16 years, halting manufacturing across the planemaker’s Seattle hub after members of its largest union voted overwhelmingly to reject a contract offer and […]
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Boeing delivers 33 jets in September but strike impact looms
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC Boeing delivered 33 airplanes in September, six more than during the same period a year earlier, as the company and its customers keep an eye on the impact of a machinist strike, now in its fourth week. Through September, Boeing has handed over […]
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A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]
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Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more
Check out the companies making headlines before the bell. Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded shares to buy from neutral. The firm highlighted its growing software and services and Super Duty vehicles as potential tailwinds. Disney — Shares of the media company slipped around 0.9% following a downgrade by Raymond […]
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Southwest’s $4 billion earnings bet is a stretch: Jefferies’ Sheila Kahyaoglu
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sheila Kahyaoglu, Jefferies aerospace and defense analyst, joins CNBC’s ‘Money Movers’ to discuss Southwest’s investor day, the carrier’s updated plans and guidance, and more. Source
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U.S. Senate committee faults Boeing safety practices, FAA oversight
Boeing CEO Dave Calhoun testifies before a subcommittee of the Senate Energy and National Resources Committee on the company’s safety culture, following a number of recent incidents on Boeing airplanes, Washington, DC, June 18, 2024. Allison Bailey | Afp | Getty Images A U.S. Senate panel investigating Boeing‘s safety culture on Wednesday faulted the planemaker’s […]
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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 […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Rate relief Investors cheered the Federal Reserve’s huge policy move last week. The question now is what the central bank will do next. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all rose more than 1% for […]
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CNBC Daily Open: Recession concerns still linger
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’
Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, U.S., September 13, 2024. Matt Mills Mcknight | Reuters RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A […]
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