financetom
Business
financetom
/
Business
/
Market Chatter: Boeing's Biggest Union Wants Seat for Workers on Board of Directors
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Boeing's Biggest Union Wants Seat for Workers on Board of Directors
Mar 25, 2024 2:19 AM

05:12 AM EDT, 03/25/2024 (MT Newswires) -- Boeing's ( BA ) biggest union is asking for a seat on the airplane maker's board as the two parties head into contract negotiations, the Financial Times reported Monday, citing the head of the organization, Jon Holden.

The labor leader said the Washington state Boeing ( BA ) employees he represents must "save the company from itself" after a series of accidents and concerns about quality, the FT reported.

Holden also said that adding a union representative to the company's board would bring specialized knowledge that only workers producing plans day-to-day would understand. "[W]e are oftentimes the last line of defense," the FT quoted him as saying.

The International Association of Machinists District 751 represents 32,000 workers at factories in Washington state, the news outlet said.

Boeing ( BA ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What's Going On With Rigetti Computing Shares?
What's Going On With Rigetti Computing Shares?
Nov 25, 2024
Rigetti Computing, Inc. ( RGTI ) shares are moving higher after the company completed a $100 million at-the-market equity offering. The Details: The funds generated from this offering will be used for working capital, capital expenditures and general corporate purposes. This includes focusing on strengthening its leadership in superconducting quantum computing, improving the fidelity of its quantum operations and developing...
Teladoc Health Adds AI-Enabled Feature in Remote Monitoring Solution
Teladoc Health Adds AI-Enabled Feature in Remote Monitoring Solution
Nov 25, 2024
12:23 PM EST, 11/25/2024 (MT Newswires) -- Teladoc Health ( TDOC ) said Monday it has launched an artificial intelligence-enabled feature in its remote monitoring solution, Virtual Sitter. The company said a single remote staff member could monitor up to 25% more patients with the help of AI. Teladoc said the AI-enabled Virtual Sitter solution is now commercially available and...
Rakovina Therapeutics Presents AI-Driven Drug Discovery Research at Society for Neuro-Oncology Annual Meeting
Rakovina Therapeutics Presents AI-Driven Drug Discovery Research at Society for Neuro-Oncology Annual Meeting
Nov 25, 2024
12:16 PM EST, 11/25/2024 (MT Newswires) -- Rakovina Therapeutics ( RKVTF ) on Monday said it made a poster presentation poster showcasing initial results of its Deep Docking Artificial Intelligence (AI) drug discovery screening at the 29th Annual Meeting and Education Day of the Society for Neuro-Oncology (SNO), which was held Nov. 21-24 in Houston, Texas. The poster, titled Utilizing...
--DOJ Antitrust Division Flags Concerns Over Realtor Group's Settlement
--DOJ Antitrust Division Flags Concerns Over Realtor Group's Settlement
Nov 25, 2024
12:15 PM EST, 11/25/2024 (MT Newswires) -- Price: 84.44, Change: +0.67, Percent Change: +0.80 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved