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World News October 25, 2024

White House urges Boeing, striking union to work to reach deal

The White House is urging Boeing and the union representing 33,000 striking machinists to continue negotiations after workers rejected Boeing’s latest contract offer, which included a 35% wage increase over four years. President Biden’s team is encouraging both parties to reach an agreement, with Labor Secretary Julie Su actively supporting talks. The strike, which began on September 13, has disrupted Boeing’s production of key aircraft models and caused financial strain on the company. The union is seeking a 40% wage increase and the reinstatement of a pension plan, while Boeing faces pressure from job cuts and financial challenges.

Source : CGTN

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