Workers picketed outside a Boeing Co. facility in Everett, Washington, US, as 33,000 machinists went on strike after rejecting a contract offer, halting production across the planemaker’s Seattle hub. Despite Boeing’s efforts to sweeten the offer, negotiations broke down, leading to a continued strike that will cost the aerospace giant over $1 billion per month, with both sides unable to reach an agreement on wages, retirement plans, and vacation time. Stephanie Pope, CEO of Boeing’s commercial aircraft unit, stated that the union’s demands were excessive and non-negotiable, while the International Association of Machinists and Aerospace Workers accused Boeing of refusing to improve key benefits during the talks.
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Is CoreWeave Stock a Buy Now?
Investing in the current stock market is challenging due to the volatile macroeconomic environment influenced by fluctuating tariff policies from the Trump administration. However, the artificial intelligence sector presents a promising investment opportunity as companies strive to enhance their AI capabilities, with stocks like CoreWeave (NASDAQ: CRWV) demonstrating significant potential; after going public at $40 per share in March, its stock peaked at $166.63 in June, remaining over three times its IPO price. Investors are...
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