Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Investing

Striking Boeing workers to vote on 38% pay rise deal on Monday

by
November 1, 2024
in Investing
0
Striking Boeing workers to vote on 38% pay rise deal on Monday
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

(Reuters) -Striking Boeing (NYSE:BA) workers on the U.S. West Coast will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday.

More than 30,000 factory workers who produce Boeing’s strongest-selling 737 MAX commercial jet and other planes have been on strike since Sept. 13 and have rejected two earlier offers from Boeing.

Boeing’s latest offer includes a $12,000 ratification bonus and the reinstatement of an annual bonus scheme that was not included in a previous offer, The International Association of Machinists and Aerospace Workers said in a statement.

IAM said it was endorsing the offer ahead of the vote.

Workers have been pushing for a 40% wage increase and the return of a defined-benefit pension that they lost a decade ago.

Last week, some 64% of the planemaker’s U.S. West Coast factory workers rejected an offer of a 35% general wage increase over four years that was not endorsed by the union.

Boeing shares rose 2.5% in after-hours trading after the offer was announced following an exclusive report by Reuters. Shares had closed down 3.2% earlier on Thursday.

This post appeared first on investing.com
Previous Post

Judge aims to rule on Elon Musk’s $56 billion Tesla pay by year end

Next Post

Amazon’s plan to tackle Temu, Shein? Sell more toothpaste

Next Post
Amazon’s plan to tackle Temu, Shein? Sell more toothpaste

Amazon’s plan to tackle Temu, Shein? Sell more toothpaste

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Takeaways from the start of a Fed rate-cutting cycle

Takeaways from the start of a Fed rate-cutting cycle

October 12, 2024
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
UnitedHealthcare sued by shareholders over reaction to CEO’s killing

UnitedHealthcare sued by shareholders over reaction to CEO’s killing

May 8, 2025
NBA star Russell Westbrook launches AI-enabled funeral planning startup

NBA star Russell Westbrook launches AI-enabled funeral planning startup

May 7, 2025
AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

May 7, 2025

Recent News

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
UnitedHealthcare sued by shareholders over reaction to CEO’s killing

UnitedHealthcare sued by shareholders over reaction to CEO’s killing

May 8, 2025
NBA star Russell Westbrook launches AI-enabled funeral planning startup

NBA star Russell Westbrook launches AI-enabled funeral planning startup

May 7, 2025
AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

May 7, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved