Boeing has halted discussions and withdrawn its pay proposal to union workers, as a major strike approaches its fourth week. This leaves approximately 33,000 people in a state of uncertainty and heightens tensions between the two sides.
Boeing announced it has withdrawn its pay offer to approximately 33,000 U.S. factory workers amid a strike entering its fourth week. The company stated that no further negotiations would occur following a failed round of discussions with union representatives, mediated by federal officials.
Stephanie Pope, head of Boeing Commercial Airplanes, criticized the union for not seriously considering Boeing's proposals, which she described as "non-negotiable." She noted that Boeing is focused on cash preservation, exploring options to raise billions through stock sales, while temporarily furloughing thousands of salaried employees.
The union, representing West Coast factory workers, is demanding a 40% pay increase over four years and the reinstatement of a defined-benefit pension, which was eliminated in a previous contract. A recent offer of a 25% raise was overwhelmingly rejected by workers, and Boeing's latest proposal of a 30% raise was also deemed insufficient.
Despite Boeing's claims of good faith bargaining and improved proposals, the union accused the company of refusing to negotiate on key issues, including wage increases and benefits.
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Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
The 17th Summit of the Economic Cooperation Organization (ECO) is set to be held in Khankendi, Azerbaijan, said Rovshan Mirzayev, Deputy Head of the Economic Cooperation Department of Azerbaijan’s Ministry of Foreign Affairs.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 25th, covering the latest developments you need to know.
Israel warned on Thursday it will unleash an even wider offensive in Gaza unless Hamas frees its remaining hostages, a threat issued as Israeli airstrikes killed at least 55 people across the enclave, according to local medics.
Russia said its air defences shot down 87 Ukrainian drones over four border regions early Thursday, while simultaneous missile-and-drone strikes on Kyiv left at least 12 people dead and more than 100 injured.
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Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 25th, covering the latest developments you need to know.
Russia said its air defences shot down 87 Ukrainian drones over four border regions early Thursday, while simultaneous missile-and-drone strikes on Kyiv left at least 12 people dead and more than 100 injured.
Indonesia is pressing for a “fair and square” trade deal with Washington, senior ministers said, as Jakarta hustles to head off a 32 % U.S. tariff by offering to boost American imports by up to $19 billion while safeguarding its own economic interests.
Brazil's Supreme Court has ordered the arrest of former President Fernando Collor de Mello after rejecting his appeals against a corruption conviction, with a ruling from 2023 sentencing him to nearly nine years in prison for money laundering and bribery.
The U.S. military said a missile explosion that killed at least a dozen people near a UNESCO site in Yemen's capital, Sanaa, was caused by a Houthi-fired weapon, not an American airstrike, countering local claims and intensifying scrutiny over the rising civilian toll in the conflict.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
The 17th Summit of the Economic Cooperation Organization (ECO) is set to be held in Khankendi, Azerbaijan, said Rovshan Mirzayev, Deputy Head of the Economic Cooperation Department of Azerbaijan’s Ministry of Foreign Affairs.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 25th, covering the latest developments you need to know.
Israel warned on Thursday it will unleash an even wider offensive in Gaza unless Hamas frees its remaining hostages, a threat issued as Israeli airstrikes killed at least 55 people across the enclave, according to local medics.
Russia said its air defences shot down 87 Ukrainian drones over four border regions early Thursday, while simultaneous missile-and-drone strikes on Kyiv left at least 12 people dead and more than 100 injured.
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