• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Thursday, May 8
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Boeing’s Problems Explode As Thousands Walk Off Job In Midnight Strike
Business

Boeing’s Problems Explode As Thousands Walk Off Job In Midnight Strike

September 13, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Boeing Machinists Go On Strike After Contract Talks Fail
Share
Facebook Twitter LinkedIn Pinterest Email

Thousands of Boeing factory workers went on strike shortly after midnight on Friday in another blow to the beleaguered airplane maker, which has spent months battling a wave of quality control crises, The Wall Street Journal reported Friday.

The International Association of Machinists and Aerospace Workers (IAM) rejected a tentative agreement between Boeing and union leaders that would have established a 25% wage increase over four years, the WSJ reported. Roughly 94% of the union’s 33,000 members voted to reject the contract and 96% voted in favor of the strike — significantly more than the two-thirds majority needed for the work stoppage to move forward. (RELATED: Southwest Exec Steps Down Amid Shareholder Pressure)

“The message was clear that the tentative agreement we reached with IAM leadership was not acceptable to the members,” Boeing said in a statement to the Daily Caller News Foundation. “We remain committed to resetting our relationship with our employees and the union, and we are ready to get back to the table to reach a new agreement.”

✊We’re fighting for every family.

✊We’re fighting for every community.

✊We’re fighting for the future of Boeing. pic.twitter.com/oGsa221TF4

— Machinists Union (@MachinistsUnion) September 13, 2024

The rejected deal would have allotted IAM workers an 11% raise this year, followed by 4% increases in 2025 and 2026, and a 6% increase in 2027, bringing the minimum hourly wage to between $20 and $37 depending on the employee’s role, the WSJ reported.

Several IAM workers claimed the wage increases were too low given the rising cost of living in the Pacific Northwest and the 16-year time period since the two groups had last reached a labor deal, according to the WSJ. The last time Boeing and the IAM agreed to a new contract was 2008, when negotiations led to a 57-day strike that costed the company an estimated $100 million a day in work stoppages.

See also  Looking To Retire Soon? You’ll Need Over $1 Million To Live ‘Comfortably’ Under Biden, Report Finds

“While there were many important things that were in this offer, it did not bridge the gap for 16 years and going through two extensions, the threats of job loss, stagnant wages, the cost shift on healthcare and many other issues,” John Holden, the president of the IAM District 751, said after announcing the vote tally.

Boeing has been hemorrhaging cash following a series of safety issues related to its 737 MAX jet, including an Alaskan Airlines 737 that had its side door plug blow off mid-flight in January, according to the WSJ. The IAM machinists build 737, 777 and 767 jets.
Boeing posted a net loss of $355 million in the first quarter of 2024, followed by an adjusted operating loss of roughly $1.4 billion in the second.
In July, the company also pleaded guilty to criminal fraud over two fatal 737 MAX crashes in 2018 and 2019 that killed 346 people, with a congressionally mandated report by the Federal Aviation Administration finding a disconnect between Boeing executives and rank-and-file employees on safety issues. The Senate dragged the company’s ex-CEO Dave Calhoun in to testify about the incidents on June 18.

“I ask you not to sacrifice the opportunity to secure our future together, because of the frustrations of the past,” Boeing CEO Kelly Ortberg wrote in a message to the workers prior to the vote, according to the WSJ.

The IAM did not immediately respond to a request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

See also  Rule Proposal Critics Warned Could Harm Energy Security Rescinded Amid Mounting Scrutiny

Boeings Explode Job Midnight Problems Strike thousands Walk
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

May 7, 2025

Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

May 7, 2025

Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

May 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Lions Break Out Of Circus Enclosure In China, Audience Run In Chaos

April 20, 2023

‘Hidden Tax’: Biden Clocks In Biggest Regulatory Burden In Recent Memory, Report Says

November 29, 2023

Bill Gross says the 10-year Treasury could test 5% in the short term

October 4, 2023

Carlos Santana reaction video to transgender rights, sides with Dave Chappelle.

August 25, 2023
Don't Miss

Trump Announces First Post-Tariff Trade Deal

Business May 8, 2025

President Donald Trump announced Thursday the U.S. has reached a trade agreement with the U.K.,…

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025

Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

May 7, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,626)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Choppy yen at three-week low, euro firms after GDP, inflation data

July 31, 2023

Blacklisted Mumford & Sons Guitarist Apologizes for Nothing

June 14, 2023

‘The Marvelous Mrs. Maisel’: Prime Video Drops Season 5 Trailer

March 21, 2023
Popular Posts

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.