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Striking workers with the International Association of Machinists and Aerospace Workers will weigh Boeing's latest offer after voting down two previous contracts

Striking Boeing Workers Set To Vote On Latest Offer

The vote by some 33,000 machinists in the Pacific Northwest could pave the way for production to resume at two Seattle-area factories that build the 737 MAX and 777 aircraft after workers voted down two previous offers.
Ryanair CEO Michael O'Leary warned that wars and Boeing delivery delays could weigh on company results

Ryanair Profit Falls, Growth Hit By Boeing Delays

Chief executive Michael O'Leary warned that Ryanair's full-year results "will be subject to avoiding adverse developments", citing risks from conflicts in Ukraine and the Middle East, staffing issues from air traffic control and further Boeing delivery delays.
Boeing has made a better offer to workers in the Seattle area to try to put an end to a costly strike

Boeing Again Raises Offer To End Strike, Union To Vote Monday

The International Association of Machinists and Aerospace Workers District 751, the union which represents more than 33,000 workers who went on strike on September 13 in the Seattle area, on Thursday endorsed the new offer and set a vote for Monday.
Volkswagen is planning an unprecedented restructuring that could include thousands of job cuts

Volkswagen Profit Plunges On High Costs, Chinese Slump

The German car giant -- whose 10 brands range from its core VW models to Seat, Skoda and Porsche -- has been hit hard by high manufacturing costs, a stuttering switch to electric vehicles and increased competition in key market China.
US President Joe Biden signed an executive order in August 2024 that allowed for new curbs on US investment in Chinese tech firms working on sensitive technology

US Finalizes Curbs On Investing In Chinese Tech

The new rules, which take effect on January 2 next year, will prohibit US-headquartered firms, citizens, and permanent residents from engaging in transactions involving cutting-edge technology like semiconductors, artificial intelligence (AI), and quantum computing, the Treasury announced in a statement.
Novartis raised its 2024 earnings guidance for the third time this year

'Pure-play' Novartis Raises 2024 Financial Targets

A year after spinning off its generics business to become a "pure-player" developer of innovative medicines, Novartis registered a 15 percent increase in its core net profit to $4.1 billion during the July-September period, from the same quarter last year.
Boeing workers have been picketing since September 13, 2024 as they seek higher wages and a restoration of their pensions

Prolonged Strike Clouds New Boeing CEO's Turnaround

Almost two-thirds (64 percent) of the members of the International Association of Machinists and Aerospace Workers District 751 rejected the preliminary agreement late Wednesday, extending a walkout of some 33,000 Seattle-region employees.

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