Boeing Strike: Temporary Setback for the Aerospace Giant

Reported about 10 hours ago

The ongoing strike by Boeing's factory workers poses challenges for the company as negotiations have stalled. Portfolio manager Tony Bancroft suggests that while the strike may create short-term issues, it is likely to be resolved soon. He estimates significant costs for Boeing due to the strike but maintains that the company will remain competitive, benefitting from strong demand and a substantial backlog in orders.

Source: YAHOO

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