Boeing stock took a hit after its machinists rejected a labor deal, raising concerns about operational disruptions. Adding to the pressure, the NTSB issued urgent safety recommendations regarding the rudder control system on Boeing 737s, potentially affecting over 40 foreign operators.
Boeing has made a new offer to its striking machinists, including a 30% pay increase over four years, in an attempt to end the work stoppage that is costing the company millions of dollars per week. The offer comes after 11 days of striking and negotiations that briefly stalled last week.
