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Boeing strike enters 2nd month as workers rally in Seattle

Boeing strike enters second month as workers rally in Seattle

Boeing factory workers held a large rally in Seattle to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.

Business Insider on MSN · 2d

Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help

Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on the East and Gulf Coast ports.

The Hill on MSN · 13h

Washington lawmakers press Boeing, union to resolve monthlong strike

Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists around Seattle and Portland, Ore., to resolve the labor dispute. Around 33,

Boeing plans to raise up to $35B to shore up finances

The New York Times · 1d

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.

The Washington Post · 1d

Troubled Boeing signals it may raise up to $25 billion to shore up finances

Boeing signaled Tuesday that it could raise up to $25 billion in new stock or debt to shore up its balance sheet after years of heavy losses. The company said in back-to-back regulatory filings that it could raise the cash over the next three years.

Fox Business on MSN · 1d

Boeing plans to raise up to $35B to shore up finances as strike continues

Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.

Boeing, convertible bond

Bloomberg L.P. · 20h

Boeing Closing In on Plan to Raise $15 Billion in Stock, Bonds

Boeing Co. is considering raising about $15 billion in a sale of shares and a mandatory convertible bond, Reuters reported, citing people familiar with the matter.

Reuters on MSN · 19h

Boeing closes in on $15 billion financing via stock, hybrid bonds

Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters.

Investopedia on MSN · 1d

Boeing To Raise Up To $25 Billion, Gets $10B Credit Line

Key Takeaways Struggling plane maker Boeing plans to sell as much as $25 billion in debt or stock, and received a $10 billion bank credit line.Boeing has been in financial turmoil as it faced problems with aircraft production and is being hit by a strike by machinists that's now a month old.

4hon MSN

Boeing’s Strike Stalemate Leaves Mediators Hunting For Consensus

It’s been more than a week since Boeing Co. broke off contract talks with the union representing 33,000 striking hourly ...

3don MSN

Union Strike, New CEO: Why Boeing's Issues May Only Get Worse for the Stock

Boeing and its new management team have not matched the union demands, causing a pause in production at its factories and a ...

Boeing strike: What aircraft are affected?

Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest have remained on the picket lines.

24mon MSN

Boeing delays are wreaking havoc with the airline industry's plans, and flyers may well feel the pain

Ryanair CEO Michael O'Leary expects delivery delays to reduce its growth next year, while Emirates is frustrated with the yet ...

55mon MSN

Bernstein analysts cut price target for Boeing, citing impact of ongoing strike

Analysts at Bernstein have cut their price target for Boeing (NYSE:BA) shares to $195 from $207, citing the financial hit ...

Can Boeing Keep Its Balance Amidst The Shifting Winds?

In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...

Arabian Business4h

Boeing plans to raise $15bn with common shares and convertible bonds amid ongoing strike crisis, sources say

The report, citing unnamed sources, said that a $15 billion sale may not be enough for Boeing to address its ongoing crises ...

Boeing strike at the crossroads: What workers need to fight intervention by government and Wall Street

First, behind Boeing is Wall Street, which has already backed the company with another $10 billion in loans. Kelly Ortberg ...

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