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Marketplace All-in-One

What makes this Boeing strike different?

Marketplace All-in-One

Marketplace

News, Business

4.81.3K Ratings

🗓️ 6 August 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

More than 3,000 Boeing machinists are striking for a third day at plants in Illinois and Missouri, pushing for better pay, benefits, and scheduling. The walkout comes during the aerospace giant’s turnaround year, thanks to increased defense spending by the Trump administration. Also on today's show: OpenAI is taking another step toward becoming a cash-generating machine, and Thai exporters grapple with the fallout of President Donald Trump's tariffs.

Transcript

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0:00.0

Chat GPT as a money-making device.

0:05.5

I'm David Brancaccio in Los Angeles. First, more than 3,000 Boeing machinists are striking for a third day here, pushing for better pay, benefits, and scheduling.

0:15.5

These workers make fighter jets and weapons systems at plants in Illinois and Missouri.

0:19.8

The dispute comes as Boeing was supposed

0:22.1

to be turning a corner. Daniel Ackerman reports. Boeing had a rough few years at the start of the

0:27.4

pandemic. There were safety issues, late aircraft deliveries, stranding astronauts in space for eight

0:33.0

months. But Sam Engel, an aviation consultant with ICF, says more recently,

0:38.2

The vibe coming out of the company seems to be one of turning upward.

0:42.9

Boeing CEO Kelly Ortberg has touted this as the firm's turnaround year.

0:47.7

Deliveries of commercial planes are up.

0:49.8

President Trump's new trade deal with the EU includes a tariff exemption for aircraft.

0:54.4

And Engel says the firm just won a $20 billion contract to make fighter jets for the U.S.

0:59.8

The Trump administration in some ways has made for smoother sailing for Boeing.

1:04.1

And with defense spending up, Boeing's workers sense opportunity, says Richard Abulafia of

1:09.0

aerodynamic advisory.

1:10.8

This is the first time in literally decades that labor has actually had power because,

1:16.3

well, the markets want their aircraft now.

1:18.7

But exercising that power was never going to be easy, says Abu Lafia.

1:22.6

The current labor dispute is just the latest in a string of them for Boeing.

1:25.7

They've got a rich tradition, several decades, of really bad labor relations.

1:31.1

For a time back in the 2000s and 2010, it seemed like the CEO's highest priority was to

1:37.9

basically break organized labor.

...

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