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The Latest Breaking News from Boeing

Boeing To Raise Up To $25 Bn As Strike Weighs On Finances

US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

International Business Times

Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns

The Guardian - UK

Boeing Seeks To Raise Up To $25B Amid Strike

US aircraft manufacturer Boeing on Tuesday unveiled measures meant to replenish its cash flow, including its intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

International Business Times

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US Labor Secretary Intervenes In Boeing Strike

Boeing announced it will reduce 17,000 jobs and to issue 60-day layoff notices next month to thousands of employees in its commercial aviation division. The company plans to implement the layoffs in mid-January.

International Business Times

Asian Shares Advance As Wall Street Hits New Records

Asian shares rise, Chinese markets face losses. Wall Street hits record highs. Dollar weakens, focus on corporate earnings. Oil prices drop, optimism aroun...

Top News

Stock market today: Asian shares are mostly higher after Wall St powers to more records

Asian shares have advanced after Wall Street rolled to more records

The Independent UK

Strike-hit Boeing Leaves Experts Puzzled By Strategy

A historic round of cost-cutting measures at Boeing has left experts perplexed and wondering whether the aviation giant, plagued by a month-long strike, is sacrificing its future.

International Business Times

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S&P 500 and Dow Jones Industrials Post Record Highs on Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) Monday closed up by +0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.82%. Stocks rallied on Monday, with the S&P 500 and Dow Jones...

Barchart

Stocks Climb on Strength in Tech and Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.68%. Stocks today are climbing, with the S&P 500 and Dow Jones...

Barchart

Stocks Climb on Strength in Tech Stocks and Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.68t%. Stocks today are climbing, with the S&P 500 and Dow Jones...

Barchart

S&P 500 Posts a Record High on Corporate Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.00%. Stocks today are mostly higher, with the S&P 500 climbing to...

Barchart

British Airways cancels more long-haul flights as squeeze on intercontinental capacity intensifies

The Man Who Pays His Way: Plane problems spell fewer choices and higher prices for passengers

The Independent UK

British Airways scraps long-haul flights amid Rolls-Royce engines parts shortage

The airline has been forced to cancel scores of flights due to engine wear and tear – including journeys to Malaysia, Qatar and New York

The Independent UK

Boeing to Cut 17,000 Jobs Over the Coming Months as Strikes and Safety Crises Impact the Company

Boeing's CEO stressed in a memo that "tough decisions" and "structural changes" are essential for recovery. The measure will reach executives, managers, and employees.

Latin Times

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International Business Times

Boeing Slashing Workforce By 17,000 Amid Strike

Troubled company axing 10 percent of workforce after 33,000 walked off job, halting production of the 737 MAX, 767, and 777 jets

Fortune

Is first-class dead?

Once, first class was the epitome of luxury travel. Now, with many airlines introducing seats in business class that are as good as first class, will more airlines abandon international first class altogether?

International Business Times

Boeing To Cut 10% Of Workforce As It Sees Big Q3 Loss

Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.

Salon

Boeing cuts 10% of workforce

The aircraft manufacturing giant blamed work stoppages for its spiraling fortunes

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The Texas Tribune

Judge reportedly strikes down Texas law that Ken Paxton frequently uses to investigate companies and nonprofits

A federal judge said Texas’ “request to examine” statute amounts to unconstitutional search and seizure, Bloomberg reported.

France 24

Boeing to lay off 10% of workforce as machinist strike cripples airplane production

US aviation giant Boeing plans to lay off about 10 percent of its workers in the coming months, about 17,000 people, as it projected a large third-quarter loss after a nearly month-long strike by 33,000 of its workers slowed production and caused executives to delay delivery of its 777X jet…

Top News

Boeing To Cut 10% Of Staff Amid Financial Challenges

Boeing announces plans to cut 10% of its workforce due to financial losses and safety issues, impacting 171,000 employees globally.

The Independent UK

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing is announcing layoffs

Fortune

Boeing to slash 10% of workforce, laying off 17,000 employees

New Boeing CEO Kelly Ortberg shared the news in a letter with employees Friday afternoon after the company reported losing nearly $10 a share in the third quarter of 2024.

The Independent UK

Boeing's lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes

Relatives of passengers who died in Boeing Max crashes have attended a Texas courtroom where their lawyers asked a judge to throw out a plea agreement they say is a sweetheart deal for Boeing

The Guardian - US

US oversight of Boeing airplane production inadequate, watchdog says

Federal watchdog says FAA does not have effective system to oversee Boeing’s manufacturing facilities

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