Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Thursday, September 12th. I'm Julie Morgan.

Boeing faces a major vote today.

Open AI could be worth $150 billion and Burger-Fi is bankrupt.

Boeing workers will vote today on approving a tentative labor contract.

If they reject the deal and vote to strike, the strike could happen as early as Friday.

Under the tentative deal, Boeing would raise wages by 25% over four years

and commit to build its next plane to replace the 737

in the Pacific Northwest, among other terms.

But many workers were unhappy with the deal,

as they had been seeking a 40% wage hike

over the contract period and the reinstatement of a pension plan that was scrapped in 2014.

Around 30,000 workers who work on the manufacture of 737 max,67, and 777 planes and are members of the International Association

of Machinists and Aerospace Workers will vote on their first full contract in 16 years. workers will

happen on their first full contract in 16 years. Work stoppage will happen on Friday if a majority vote to reject the preliminary deal and at least two-thirds vote to strike.

The union's president said the response from people

is that it's not good enough, referring to the deal. John Holden says he thinks it'll

be voted down and members will vote to strike.

The union negotiations are a major test for Boeing's new CEO

who took over in August and who has the heavy responsibility of improving the company's safety and quality culture.

Microsoft backed open AI is in discussions for a $6.5 billion funding round from investors

at a valuation of $150 billion.

...