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Boeing Stock Rises Amid Union Dispute Despite Allegations of Misinformation
Boeing Stock Rises Amid Union Dispute Despite Allegations of Misinformation
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BTCCSquare news:
Boeing (NYSE:BA) shares climbed nearly 1.5% on Tuesday, shrugging off escalating tensions with the International Association of Machinists and Aerospace Workers (IAM). The union accused the aerospace giant of "spreading lies" about its latest labor proposal, which Boeing dismissed as "not real"—a characterization the IAM called "disrespectful" to workers.
The dispute centers on a ratified proposal from the IAM, which Boeing has refused to engage with. While the company appears to be waiting out the union, the IAM is pushing back aggressively, framing the conflict as a battle for worker dignity. "Boeing cannot wish it away with a press release filled with lies," the union stated.
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