Boeing shares rise as planemaker makes new wage offer to end strike

Quick Summary:

:Boeing rose 2.2 per cent before the bell on Friday after the U.S.planemaker bumped up its wage hike offer to about 33,000 striking workers, its latest effort to end a damaging strike after two earlier attempts were rebuffed by employees.

However, it is not clear which way workers will vote as the new proposal has evoked mixed reactions.

Boeing shares have fallen 8.3 per cent since the strike began in September.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Wage Carolina South Boeing Cent Strike Workers Latest Employees Offer Hike

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 19:18:51 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 382 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23364409

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 2 hours ago

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