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Boeing workers extend strike as labor deal is rejected

Published

11 months ago

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Machinists vote against new contract, prolonging strike and halting aircraft production.

Boeing workers have decided to extend their strike, further disrupting the company’s aircraft production.

The decision came after machinists voted against a new labor deal that proposed a 35% wage increase over four years.

The union, representing thousands of workers in the Seattle area, announced the extension, marking over five weeks of halted production at Boeing’s facilities.

The ongoing strike has taken a significant toll on Boeing, with the company reportedly losing $1 billion per month due to stalled operations.

Despite the proposed wage hikes, union members expressed concerns about other aspects of the deal, including benefits and job security, leading to its rejection.

The prolonged strike underscores ongoing tensions between Boeing and its workforce, with no immediate resolution in sight.

As the impasse continues, industry experts warn of broader implications for the aviation sector, particularly in meeting production demands for airlines and defense contractors.

Boeing’s management has yet to release a new proposal, but the union’s decision indicates that negotiations may face further challenges in the weeks ahead. #featured #trending

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Fed rate cut fallout shakes global markets

US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.

Published

2 hours ago

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September 19, 2025

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US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.


The US Federal Reserve’s latest quarter-point rate cut has unsettled investors worldwide, sparking debate over whether it signals the start of an easing cycle or a one-off move.

#FederalReserve #Markets #InterestRates #Australia #TickerNews


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Aussie jobs market shows signs of strain

Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.

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2 hours ago

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September 19, 2025

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Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.


Australia’s labour market is losing momentum, with 5,400 jobs cut in August and participation falling, even as unemployment held steady at 4.2%.

Employment growth has slowed sharply, migration is easing, and the Aussie dollar has dropped after touching an 11-month high.

#Australia #Jobs #FederalReserve #InterestRates #Markets #TickerNews


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Trump threatens TV networks over licences

Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.

Published

3 hours ago

on

September 19, 2025

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Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.


President Donald Trump has escalated his feud with television networks after ABC suspended Jimmy Kimmel’s late-night show.

Trump suggested broadcasters that he claims are “against him” could face licence revocations.

He argued that networks were “97 percent against me” during the 2024 election and praised FCC Chairman Brendan Carr as “outstanding.”

#Trump #Media #FCC #JimmyKimmel #TickerNews


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