Previous close | 74.00 |
Open | 74.00 |
Bid | 73.05 |
Ask | 79.40 |
Strike | 115.00 |
Expiry date | 2024-10-18 |
Day's range | 74.00 - 74.00 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Airline manufacturer Boeing (BA) and its striking factory workers will resume negotiations today, with wages and benefits being a primary focus of labor union representatives. The Morning Brief's Seana Smith and Brad Smith give the latest updates on labor talks since Boeing workers walked out on September 13 and how the strike could impact major airline operators For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The company and the union, whose members have been on strike for 25 days, had resumed contract talks on Monday in the presence of federal mediators. Boeing also confirmed mediation would continue on Tuesday. Boeing made an improved offer last month that it described as its "best and final", which would give workers a 30% raise and restore a performance bonus, but the union said a survey of its members found that was not enough.
Millennium Space Systems, a Boeing [NYSE: BA] company, completed the Fire-control On Orbit-support-to-the-war Fighter, or FOO Fighter, preliminary design review, or PDR, four months following authorization to proceed. The company is on contract to deliver a constellation of eight satellites with a ground system and to perform mission operations.