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Hosted on MSN · 17h

Boeing stock at 52-week lows as plane maker furloughs workers to preserve cash

After a tumultuous year, the last thing Boeing needed was a union strike. Shares of the aircraft manufacturing giant touched new 52-week lows on Friday as a labor dispute involving its largest unionized workforce — the International Association of Machinists and Aerospace Workers (IAM) — was set to enter into a second week.

A strike by Boeing factory workers shows no signs of ending after its first week

Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no signs of ending

Boeing starts furloughs for thousands as strike continues

Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.

Boeing, Ted Colbert

CNN on MSN · 1d

Boeing’s head of defense unit Ted Colbert to leave

Boeing BA.N said on Friday that Ted Colbert, president and CEO of its defense, space and security unit will be leaving the company effective immediately.

Hosted on MSN · 19h

Boeing Defense Chief Exits as New CEO Shakes Up Top Ranks

Boeing Co. ousted the top executive for its defense and space division, in the first major shakeup by Kelly Ortberg since he took over as chief executive officer last month.

The Associated Press on MSN · 1d

The head of Boeing’s defense and space business is out as company tries to fix troubled contracts

Boeing is replacing the head of its defense and space business. That the unit that has been saddled with money-losing government contracts and embarrassing failures by its Starliner space capsule.

Elon Musk's SpaceX began a new 'Space Race'

Business Insider on MSN · 1d

Elon Musk says the FAA should make Boeing pay for putting the Starliner astronauts at risk, not fine SpaceX 'for trivia'

Elon Musk said the Federal Aviation Administration (FAA) should punish Boeing for its Starliner failures rather than impose "petty" fines on SpaceX. In a Thursday X post, Musk expressed his displeasure with the FAA's proposed $633,

Elon Musk wants the FAA to leave SpaceX alone and focus on Boeing's Starliner mess

After SpaceX was hit with a proposed fine by federal regulators, Elon Musk is complaining that they should be focused on Boeing (BA) and leave his company alone.

Hindustan Times on MSN · 1d

Elon Musk says FAA should make Boeing pay for stranding Sunita Williams and Wilmore in space, not fine SpaceX

SpaceX faces $633,009 fine from FAA for licensing violations, while Musk decries agency's focus on minor matters.

2don MSN

The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing

The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day ...

The Economist2d

How much trouble is Boeing in?

Pay is at the centre of the latest dispute. Boeing offered its employees a 25% rise over four years; its workers are ...

1d

The executive in charge of the division that has 2 astronauts stuck in space is leaving Boeing

Ted Colbert, the head of Boeing's defense, space, and security division is leaving the company effective immediately, CEO ...

2don MSN

Boeing CEO says the company will furlough a ‘large number’ of employees to preserve cash during strike

Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union ...

19hon MSN

Boeing machinists on picket lines prepare for lengthy strike: 'I can last as long as it takes'

More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared for ...

NextBigFuture8h

Boeing Has Lost $25 Billion Over Five Shockingly Bad Years

Boeing has been constantly losing money for the last five years with a combined $25 billion in losses. Everything about ...

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