Streetbeat News

Labor Issues

BA

Boeing workers have approved a new labor contract, concluding a seven-week strike. The agreement includes a 38% pay increase over four years and a ratification bonus.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

BA

Boeing has reached an agreement to end a machinist strike by offering a pay increase, raising average wages from $76,000 to $119,000 by 2028.

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November 05, 2024 | 12:30 pm

NYT

Perplexity's CEO, Aravind Srinivas, has proposed using the company's AI services to replace striking New York Times tech workers, potentially impacting NYT's operations.

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November 05, 2024 | 12:30 pm

BA

Boeing's union workers have voted to end their strike after agreeing to a new contract that includes a 38% pay raise. This development allows machinists to return to work, potentially stabilizing Boeing's production and operations.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

BA

Boeing workers have accepted a new labor contract, ending a strike that halted jetliner production for over seven weeks. The contract was approved by 59% of union members, affecting around 33,000 workers.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

BA

Boeing's shares are rising in premarket trading as the machinists union voted to approve a third contract agreement, ending a nearly two-month strike.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

BA

Boeing Co. has resolved a 53-day strike by the International Association of Machinists and Aerospace Workers, which had halted jetliner production. Employees have accepted a new labor contract, allowing production to resume.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

TSLA

Tesla has increased wages for all employees at its German gigafactory by 4% starting November. This move could impact Tesla's operational costs and employee satisfaction.

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November 05, 2024 | 12:30 pm

UBER

Uber Technologies is proposing a pay cut for its drivers in New York City, citing lower gas prices, to reduce ride prices in a major market.

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November 05, 2024 | 12:30 pm

BA

Boeing workers on the U.S. West Coast have approved a new contract after rejecting previous offers. This development follows a series of negotiations and votes since September, highlighting labor issues within the company.

Portfolio Pulse from

November 05, 2024 | 12:30 pm