Live On CNBC, Machinists' Union President Says Have Not Talked To Boeing CEO; Vote On Tentative Agreement Will Be Tight; If Members Don't Vote For Deal, Strike Will Continue
Portfolio Pulse from Benzinga Newsdesk
The Machinists' Union President announced on CNBC that they have not communicated with Boeing's CEO. The vote on the tentative agreement is expected to be close, and if the members reject the deal, the strike will persist.
October 22, 2024 | 4:48 pm
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The Machinists' Union has not communicated with Boeing's CEO, and the vote on the tentative agreement is expected to be close. If the deal is rejected, the strike will continue, potentially affecting Boeing's operations.
The lack of communication between the union and Boeing's CEO, combined with the uncertainty of the vote outcome, suggests potential operational disruptions for Boeing if the strike continues. This could negatively impact Boeing's stock in the short term.
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