Topline Boeing resumed negotiations with representatives of its striking factory workers in the Pacific Northwest on Tuesday, less than a week after the unionized machinists voted to reject a negotiated contract offer and extend a strike—which is in its seventh week and has severely hampered the manufacturing of key Boeing aircraft. Key Facts Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here .
Big Number $21.1 billion. That is the amount Boeing raised from a stock offering on Monday to avoid a credit rating downgrade.
The plane maker reported a $6.1 billion loss in its third-quarter earnings amid a series of safety-related issues and the strike..
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Boeing And Striking Workers Restart Talks A Week After Union Voted To Reject Contract Offer
Both sides said the talks were held on Tuesday with support from the Biden administration’s top Labor official.