Boeing (BA.N), opens new tab factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to new CEO Kelly Ortberg’s plan to shore up the finances of the struggling planemaker.The vote was 64% in opposition to the deal, which offered a 35% rise in wages […]
The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would pose “an unacceptable outcome” to the U.S. economy that could cost $2 billion a day. Railroads, including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) BNSF, CSX (CSX.O), and Norfolk Southern, have until a minute […]
The Secret Service agents told the Carrier workers to stay put, so Chuck Jones sat in the factory conference room for nearly three hours, waiting for president-elect Donald Trump. He’d grown used to this suspense. Seven months earlier, at a campaign rally in Indianapolis, Trump had pledged to save the plant’s jobs, most of which were […]
