Boeing to raise up to $19bn amid costly strike and safety crisis
Briefly

Boeing plans to raise up to $19bn to address financial instability exacerbated by a workers' strike and ongoing safety concerns regarding its aircraft.
The company announced a significant stock offering that includes 90 million common shares to raise about $14bn, alongside $5bn in depositary shares.
Boeing reported a $6bn loss for the quarter ending September and faces ongoing challenges due to ongoing labor strife and a beleaguered space division.
The International Association of Machinists rejected a substantial pay offer, insisting on better compensation and the restoration of a previously removed pension plan.
Read at www.theguardian.com
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