Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public company, to address the troubled planemaker’s liquidity needs and stave off a potential credit rating ...
Boeing Co. said Monday that it will offer 90 million in common stock and $5 billion in depositary shares. The company's stock closed at $155.01 on Friday, The company said it plans to use the net ...
“For more than a generation, Boeing’s unions have been screaming that management was destroying the company,” said Gautam Mukunda, a professor at the Yale School of Management, in a recent ...
Asked for a response, a Boeing spokesperson told AFP the company "doesn't comment on market rumors or speculation." Chief executive Kelly Ortberg, who joined Boeing in August, said earlier this ...
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I decided to sell Boeing due to the company's ongoing cultural and financial ... Anytime the head of a business unit is fired, as Ted Colbert was in September, be prepared for a kitchen sink ...
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EVERETT, Wash. — The Boeing machinists union rejected the company's latest contract offer on Wednesday by 64%, the union president announced on Wednesday night. “We have not achieved enough to ...
Boeing CEO Kelly Ortberg on Wednesday said that "trust in our company has eroded" and laid out a plan for the aerospace giant to regain a leadership position in the industry while addressing its ...
But Boeing’s problems run deeper than that. Even before the strike, the company was grappling with production and quality control issues that limited production of its best-selling 737 line.
There's still a lot of anger.” What seems certain is that Boeing’s problems will outlast the strike, whenever it ends. The company has been losing more than a billion dollars a month as the ...
Instead, Boeing's rebuilding year is getting pushed to 2025, and Ortberg has hinted at big changes ahead, promising employees and the public greater focus at the 108-year-old company. Earlier this ...