2:02 AM ESTManufacturing Boeing machinists reject contract offer, extending strike Boeing machinists reject contract offer, extending strike ...

WASHINGTON (AP) — Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost ...

The company had previously shared the quarter's bleak financial results and awaits the machinists' vote on an improved union contract. Boeing: Delays, Layoffs and $5 Billion in Charges Reduce Our ...

Boeing and the Machinists would bargain a new contract for the first time in 16 ... nonunion factory in South Carolina, resulting in a vote to end the Machinists’ pension plan.

Still, in a statement released with the worrying financial details, Boeing CEO Kelly Ortberg, who took charge in August, spoke of the new Machinists contract as a positive for the future.

A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price. Shares of Boeing dropped about 5% in early trading in New York. 2024 was already a ...