Boeing shares rise on hopes new wage offer will end strike
Cătălin Roșioru
SEATTLE :Boeing shares gained 3.5 per cent on Friday on bets that the planemaker's U.S. West Coast factory workers will approve a new wage offer and end a seven-week strike that has halted jet production and hammered the company's finances. Around 33,000 machinists, who have been on strike since Sept. 13, will vote on Monday on a new contract offer raising wages by 38 per cent over four years, up from a prior 35 per cent offer. The proposal adds a $12,000 ratification bonus but did not meet
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