Boeing Co
Boeing workers overwhelmingly reject contract, prepare to strike
Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024. M. Scott Brauer | Bloomberg | Getty Images More than 30,000 Boeing workers were set to strike Friday, halting production of most of […]
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Boeing faces strike threat as workers vote on new contract
A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. Jennifer Buchanan | Afp | Getty Images Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as […]
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It’s hard for Boeing to reclaim share from Airbus until it sorts out its issues: Analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Asia Peter McNally with Third Bridge says Boeing still faces manufacturing and delivery issues, which is impacting the company’s cash flow. 02:26 an hour ago Source
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Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
Check out the companies making headlines in midday trading. Palantir Technologies , Dell Technologies — Palantir and Dell jumped 13% and nearly 5%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines’ spot, […]
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Stocks making the biggest premarket moves: Boeing, Dell, Merck and more
Check out the companies making the biggest moves in premarket trading: Boeing — Shares jumped 4% after the aircraft maker reached a deal with a union that represents its factory workers, potentially avoiding a costly strike. MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral. The firm highlighted the upside of […]
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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. Looking for a rebound Stock futures ticked higher Monday after equities tumbled last week. The S&P 500 dropped 4.3% for the period, its worst week since 2023. The Nasdaq Composite shed 5.8% in its poorest week since 2022, and […]
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Boeing and union reach a labor deal, potentially averting a strike
A Boeing employees works outside of the cockpit of a Boeing 737 MAX 8 airplane in the company’s factory, on March 27, 2019 in Renton, Washington. Stephen Brashear | Getty Images Boeing and the union that represents some 33,000 of its workers have struck a new labor deal, just days before a costly strike could […]
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Boeing Starliner prepares to leaves space station empty, months later than planned
Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing‘s Starliner is set to leave the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without […]
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U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
A pilot performs a walkaround before a United Airlines flight Leslie Josephs/CNBC U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring. Airlines are close to their […]
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Airplane engines are in short supply. The business of fixing older ones is booming
TULSA, Okla. — Parts and labor shortages. Delayed deliveries of new airplanes from Boeing and Airbus. An engine recall. Premature repairs. It’s all piling up, and aircraft engine shops around the world are overflowing. As travelers boarded planes in record numbers this summer, airline executives waited anxiously for repairs and overhauls of their engines. The […]
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