A strike at Boeing 'could go on for a while' as workers are confident they can get bigger wage increases and an improved pension, union leader Jon Holden...
SEATTLE - A strike at Boeing "could go on for a while" as workers are confident they can get bigger wage increases and an improved pension, union leader Jon Holden said in an interview with National Public Radio on Saturday.
Holden said the priorities for his members were a bigger wage increase and the restoration of a defined-benefit pension scheme that the IAM lost during a previous round of negotiations with Boeing a decade ago. The initial deal included a 25% pay rise spread over four years and a commitment by Boeing to build its next commercial jet in the Seattle region, if the plane program was launched within the four-year period of the contract.
A long strike could further damage Boeing's finances, already groaning due to a $60 billion debt pile. A lengthy pause on plane production would also weigh on airlines that fly Boeing jets and suppliers that manufacture parts.We recently compiled a list of the 10 Best Aggressive Growth Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Nu Holdings Ltd. stands against the other aggressive growth stocks.
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