Boeing machinists reject new contract, continuing costly walkout
The vote comes more than a month after 33,000 union members overwhelmingly rejected a negotiated offer and walked off the job on Sept. 13.
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The vote comes more than a month after 33,000 union members overwhelmingly rejected a negotiated offer and walked off the job on Sept. 13.
The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what happens next.
Striking Boeing workers rejected a contract offer that would have provided a pay raise and some improvements to benefits because it did not include a pension, a deal-breaker for many. CBS News' Kris Van Cleave reports.
Striking Boeing workers voted to reject the company's latest contract proposal, in a major setback for Boeing that could also have implications on the U.S. economy. The rejected deal called for a 35% wage hike and increased contributions to employee 401K retirement funds. However, it did not address pensions, a key negotiating point for workers.
Over 30,000 Boeing workers will remain on the picket line after voting no on the company's latest contract offer, extending their strike to 42 days. CBS News senior transportation correspondent Kris Van Cleave has more.
Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave reports.
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent Kris Van Cleave has more.
Boeing workers are voting Wednesday on a new contract to end a six week strike that has cost the company billions. The four-year deal includes a 35% pay hike, a signing bonus and improved health and retirement benefits. It does not establish a pension plan, which was a key demand of the union.
Aircraft manufacturing giant Boeing and the union representing about 33,000 striking machinists reached a tentative agreement Saturday on a new contract that, if ratified, would end a strike which has dragged on for more than a month. The International Association of Machinists and Aerospace Workers said it plans to have members vote to ratify the deal on Wednesday. Itay Hod has details.
Aviation giant Boeing said it plans to cut 10% of its global workforce, or around 17,000 employees, amid a month-old strike that has idled its factories. An S&P Global report estimates the company is losing $1 billion a month from the demonstration. Elise Preston has the details.
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The dockworkers strike that threatened to cause severe damage to the U.S. economy has come to a temporary end. CBS News correspondent Nancy Chen has more.
The strike, the first by East and Gulf Coast dockworkers since 1977, had shut down 14 ports since Tuesday.
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A strike by thousands of dockworkers at 14 ports along the East and Gulf coasts was suspended Thursday when a tentative agreement was reached to extend the current contract through Jan. 15.
Dockworkers and port owners reached a tentative agreement Thursday after a strike shut down 14 ports along the East and Gulf coasts. They will negotiate a permanent contract on Jan. 15, 2025, a source said. New York Times global economics reporter Peter Goodman joins CBS News to discuss the deal.
The dockworkers strike that's affecting ports from Boston to Houston is now in its third day with no deal in sight. CBS News senior business and tech correspondent Jo Ling Kent has more on what the work stoppage could mean for shoppers.
As the dockworker strike continues, the fight over automation may shape the future of port operations. With billions of dollars at stake, the outcome could affect not only jobs, but the global supply chain. John Samuel, managing director with the consulting firm AlixPartners, shows what this strike could mean for the future — and how it could affect viewers at home right now.
U.S. dock workers on the East and Gulf coasts have been on strike for two days with no union deal in sight. The workers are demanding wage hikes and a complete ban on the use of automated cranes, gates and container-moving trucks in unloading or loading freight. CBS News' Nancy Chen has more on their concerns.
Thousands of dockworkers at ports along the East and Gulf Coasts went on strike in search of higher pay and better job security in the face of automation.
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The U.S. dockworker strike is in its second day after the union representing about 25,000 workers rejected a new proposal promising 50% raises over six years and limits on automation. CBS News correspondent Nancy Chen has more.
During Day 1 of a dockworkers strike, Harold Daggett, president of the International Longshoremen's Association, was on a picket line in Elizabeth, New Jersey, telling CBS News New York, "Those greedy companies are making billions of dollars, and they don't want to share."
About 25,000 dockworkers from Boston to Houston went on strike over higher pay and stronger guardrails around their jobs being automated out of existence. CBS News senior business and technology correspondent Jo Ling Kent reports on the economic impact.
At least 25,000 union dockworkers are on strike in the Eastern and Southern U.S. after talks between the International Longshoremen's Association and shipping companies failed to reach a new contract. The union representing the dockworkers is seeking higher pay and protections against automation replacing workers.
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