U.S. markets close in 3 hours 56 minutes
  • S&P 500

    4,122.78
    -17.28 (-0.42%)
     
  • Dow 30

    32,804.43
    -28.11 (-0.09%)
     
  • Nasdaq

    12,477.23
    -167.23 (-1.32%)
     
  • Russell 2000

    1,913.06
    -28.14 (-1.45%)
     
  • Crude Oil

    90.33
    -0.43 (-0.47%)
     
  • Gold

    1,811.60
    +6.40 (+0.35%)
     
  • Silver

    20.47
    -0.15 (-0.72%)
     
  • EUR/USD

    1.0230
    +0.0035 (+0.35%)
     
  • 10-Yr Bond

    2.7810
    +0.0160 (+0.58%)
     
  • GBP/USD

    1.2090
    +0.0008 (+0.07%)
     
  • USD/JPY

    134.9300
    -0.0430 (-0.03%)
     
  • BTC-USD

    23,094.91
    -897.49 (-3.74%)
     
  • CMC Crypto 200

    535.76
    -21.59 (-3.87%)
     
  • FTSE 100

    7,488.15
    +5.78 (+0.08%)
     
  • Nikkei 225

    27,999.96
    -249.28 (-0.88%)
     

Boeing 'disappointed' by union's recommendation to reject contract offer

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

July 16 (Reuters) - Boeing on Saturday said it is "disappointed" that unionized employees at the company's defense locations in the St. Louis area would reject management's contract offer.

The International Association of Machinists and Aerospace Workers union, which represents nearly 2,500 workers at three Boeing locations, said in an earlier statement that it recommended rejecting the company's "last, best, and final" contract offer.

Boeing said it remains "hopeful that our employees will see the value in this offer and vote yes."

(Reporting by Jose Joseph and Shivani Tanna in Bengaluru; Editing by Paul Simao)