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

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.

Reuters · 20h

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.

CNN on MSN · 2d

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 today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.

Boeing, Ted Colbert

CNN · 17h

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.

Bloomberg on MSN · 17h

Boeing Defense Chief Exits as New CEO Shakes Up Top Ranks

Boeing Co. said that Ted Colbert, who oversees its defense and space division, is leaving the company, the first major personnel change by Kelly Ortberg since he took over as chief executive officer last month.

Hosted on MSN · 16h

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

Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks involving its Starliner space capsule.

Striking Boeing Workers Maintain Resolve

ABC · 20h

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

YAHOO!Finance · 22h

Boeing Worker Side Hustles Could Drag Strike Out for Months

Around Boeing Co.’s vast aircraft manufacturing hub in Seattle, the great belt tightening has begun as the planemaker and its factory workers settle in for a labor dispute that will test the resolve of both sides.

Inc · 16h

Striking Boeing Workers Maintain Resolve After First Week

"I've never seen Boeing do that before. They might be feeling the pinch, feeling the hurt a little bit, you know--trying to save some money after spending so much money on four CE

Elon Musk, Boeing and SpaceX

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,

Yahoo · 1d

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 · 13h

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.

18h

New Boeing CEO shakes up leadership, announces first departure

Steve Parker, the defense unit’s chief operating officer, will take the helm at the struggling business on an interim basis ...

13h

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 ...

19hOpinion

Honesty About Boeing Accidents

The firm’s culpability is clear but anyone who cares about air safety (and truth) wants the whole story.

Boeing strike costs set to soar if labor dispute drags on

The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million ...

14h

Boeing CEO Says Ending Strike 'A Top Priority'

Ending a strike involving more than 30,000 of Boeing's Seattle-area workers is "a top priority" for the aviation giant, chief ...

Boeing strike: 'My $28-an-hour pay isn't enough to get by'

The employees are now in their second week of striking with no sign of any deal with Boeing management on the horizon. We ...

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