boeing
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
737 MAX
Boeing strike ends as workers accept new contract
Boeing’s factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.
737 MAX
Boeing workers vote on wage deal that could end strike
Boeing West Coast factory workers will hold a vote on an improved contract offer on Monday that could end a seven-week strike and restart jet production.
Americans
Weekly jobless claims at five-month low; consumer spending rises solidly
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
737 MAX
Union’s rejection of Boeing offer threatens jobs at aerospace suppliers
Striking workers’ rejection of planemaker Boeing’s latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge.
401(k) retirement plans
US weekly jobless claims fall; continuing claims hit highest level in three years
New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years.
$33
Boeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract
Boeing recently announced a third-quarter loss of $6 billion following some 33,000 employees going on strike, as well as quality control issues which have crippled the struggling aviation corporation.
737 MAX
Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
appliance stores
Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
$5 billion
Boeing To Layoff Thousands Of Workers As Strike Continues
Thousands of Boeing employees will be given their pink slips within the next few weeks, multiple union and industry sources claimed.