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Boeing is taking measures to save cash. 330,000 blue-collar workers have started a strike.
On Friday, Boeing's blue-collar workers went on strike picket lines in the Pacific Northwest instead of building airplanes as they unanimously rejected a proposed contract that would have increased their wages by 25% over four years. Approximately 33,000 Boeing mechanics participated in the strike, which will not immediately disrupt the airline's flights but can interrupt the production of Boeing's best-selling jet airliners. This strike event signifies another setback for the company, which is already facing billions of dollars in financial losses and reputational damage. Boeing stated on Friday that it is taking measures to save cash, while its CEO is trying to negotiate a deal to
Boeing CEO warns that workers' strike will jeopardize company's recovery.
Boeing's CEO, Kelly Ortberg, urged members of the company's largest union not to go on strike and warned that a strike would undermine the company's efforts to turn around its factory situation. "I hope you will choose a bright future, but I also know that some employees are considering another path - a path that has no winners," Ortberg said in a message to all Boeing employees in Washington and Oregon. The 0.033 million members of IAM 751 District will vote on the company's proposal on Thursday, as well as the current contract that expires at midnight.
Pacific Securities Co., Ltd. 2024 Semi-Annual Report
Pacific Securities Co., Ltd. 2024 Semi-Annual Report Summary
The Pacific (601099.SH) announced its semi-annual performance, with a net income of 68.3351 million yuan, a year-on-year decrease of 67.43%.
Pacific (601099.SH) disclosed its 2024 interim report, and the company's revenue for the reporting period reached 5....
Pacific (601099.SH): Net income of 68.3351 million yuan in the first half of the year, a year-on-year decrease of 67.43%.
On August 29th, Pacific (601099.SH) announced its semi-annual report. In the first half of 2024, the company achieved a total operating income of 541.3675 million yuan, a decrease of 207.1512 million yuan compared to the same period last year, a year-on-year decrease of 27.67%; and achieved a net income attributable to shareholders of the company's parent company of 68.3351 million yuan, a decrease of 141.4981 million yuan compared to the same period last year, a year-on-year decrease of 67.43%. As of the end of the reporting period, the company's total assets amounted to 15,244.2163 million yuan, a decrease of 4.27% compared to the end of the previous year; and the owner's equity attributable to shareholders of the company's parent company
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