Strike drives Boeing stock to new lows; Hiring freeze and pay delays announced

Strike drives Boeing stock to new lows; Hiring freeze and pay delays announced

Boeing has hit turbulence, with its stock plunging to a 52-week low of $156.66 as the company battles an escalating strike and enforces a hiring freeze amid financial distress. More than 33,000 Boeing workers, represented by The International Association of Machinists and Aerospace Workers, are currently on strike after rejecting the company’s proposed 25% wage […]