Boeing machinists end strike after approving labor contract with 38% raises
Publishing timestamp: 2024-11-04 12:43:21
Summary
Boeing machinists voted in favor of a new contract, ending a costly strike. The deal includes wage increases and other improvements. The approval is a relief for Boeing's new CEO, who is working to steer the company through financial problems. President Biden congratulated union leaders and Boeing's CEO on the deal.
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Keywords: business, life, breaking news: business, breaking news: politics, transportation, boeing co, markets, personnel, travel, breaking news: markets, joe biden, business news, aerospace and defense industry, airlines, politics, labor economy, trade,
Source: https://www.cnbc.com/2024/11/04/striking-boeing-machinists-vote-new-contract.html