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Boeing expects $4 billion loss for 4th quarter
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association of Machinists) work stoppage,
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing said Thursday that it likely lost about $4 billion in the fourth quarter, adding to troubles at the manufacturer, which began 2024 with a midair accident and ended it with a crippling labor strike and layoffs.
Loss widens and revenue falls in fourth quarter for Boeing
Its loss will widen and revenues weaken in the fourth quarter, Chicago-based US aerospace and defence giant Boeing predicted on Friday. The results are mainly impacted by the work stoppage and agreement with the International Association of Machinists and Aerospace Workers (IAM),
4d
Union investigates claims that Boeing is sending work to non-union locations
Boeing's engineering union is formally investigating claims from its members that the company is moving work to non-union ...
4h
on MSN
Heavy equipment used to rip 2 ATMs out of Wallingford credit union branch
SEATTLE — Two ATMs were ripped out of a credit union branch in Seattle’s Wallingford neighborhood overnight. Someone used a ...
3d
This day in history: Boeing announced layoff; bootleggers pull of ‘sensational’ plot
From 1925: Bootleggers pulled off a “sensational daylight whisky smuggling plot” at Orchard Avenue, near Trent Avenue. A ...
3d
Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production ...
3d
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing ...
Yahoo Finance
2d
The Boeing Company (BA)
The aerospace company credited the loss to labor strikes and
layoffs
. Morning Brief co-hosts Seana Smith and Brad Smith break down what investors need to know ahead of
Boeing
's official fourth ...
11d
Boeing sees big commercial jet delivery decline in 2024
Boeing commercial jet deliveries dropped last year by more than a third compared to 2023, as the aerospace giant wrestled ...
11d
on MSN
More Americans file for unemployment benefits last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job ...
1d
on MSN
What Analysts Think of Boeing Stock Ahead of Earnings
Key Takeaways Struggling plane maker Boeing is slated to post fourth-quarter results before the opening bell Tuesday.Boeing ...
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