News Wrap: Boeing reports $6 billion quarterly loss amid strike
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 23 October 2024
⏱️ 7 minutes
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| 0:00.0 | And we start the day's other headlines with the ongoing troubles at Boeing. |
| 0:04.3 | The plane maker reported a $6 billion loss for the latest quarter, even as striking union |
| 0:09.8 | workers vote on a new contract. |
| 0:11.6 | The company's CEO, Kelly Ortberg, announced plans today |
| 0:15.2 | to turn Boeing around by improving company culture and boosting airplane production. But that |
| 0:20.6 | can't be done until some 33,000 striking machinists returned to work after nearly six weeks on the picket line. |
| 0:28.0 | They're voting on a new contract today, with results expected tonight. |
| 0:32.0 | Portberg said today that he's hopeful about the outcome. |
| 0:35.0 | The vote is important. |
| 0:37.0 | It's more important in terms of our long term getting back to building airplanes, |
| 0:42.0 | delivering good airplanes. |
| 0:43.7 | And so we've worked really hard to find that overlap where we've got a deal that the employees |
| 0:50.2 | can feel good about and the company can be successful going forward. |
| 0:54.5 | The deal offers bonuses in a 35% wage increase over four years. |
| 0:59.9 | It stops short of restoring a pension plan that was frozen a decade ago. |
| 1:04.7 | The U.S. government is finding American Airlines $50 million for the carrier's mistreatment |
| 1:10.5 | of disabled passengers and their wheelchairs. |
| 1:13.8 | The transportation department says the company failed to provide assistance to passengers |
| 1:17.6 | with disabilities and damaged thousands of wheelchairs between 2019 and 2023. of authorities say that American will only need to pay half of the fine because it's |
| 1:34.8 | getting credit for money spent on improving its handling of wheelchairs and for |
| 1:39.0 | compensating those affected. Secretary of State Anthony Blinkin touched down in Saudi Arabia today his second stop of his |
| 1:46.8 | latest visit to the Middle East. |
... |
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