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Boeing faces strike threat as workers vote on new contract - TL;DR CNBC

Boeing faces strike threat as workers vote on new contract

Publishing timestamp: 2024-09-12 11:35:12


Summary

Boeing and the union representing some 33,000 workers have reached a tentative agreement that includes 25% raises over four years. Workers are voting on the new labor contract, with the potential for a strike that could jeopardize Boeing's recovery. If approved, this would be Boeing workers' first negotiated contract with the company in 16 years.


Sentiment: MIXED

Tickers: GM,  F,  BA,  STLA, 

Keywords: breaking news: economy,  general motors co,  washington,  markets,  economy,  aerospace and defense industry,  transportation,  airlines,  breaking news: markets,  boeing co,  seattle,  life,  business,  travel,  business news,  labor economy,  ford motor co,  spirit aerosystems holdings inc,  breaking news: business,  personnel, 

Source: https://www.cnbc.com/2024/09/12/boeing-workers-vote-labor-deal.html


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