Boeing union endorses sweetened offer to end strike

Quick Summary:

Boeing shares rose after reaching a tentative agreement with union leaders representing 33,000 striking workers to end a lengthy labour dispute that has crippled manufacturing at the American plane maker.

But it helps workers build their retirement savings and recoup losses from the years when their wage increases didn’t keep pace with inflation.

The latest offer doesn’t reinstate defined benefit pension plans, a key demand for older workers.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Union Agreement Strike Workers Billion Boeing Members Shares Offer

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 21:33:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 709 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 23365270

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 13 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 11 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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