​Boeing Nukes Contract Offer With Union As S&P Warns About Potential Negative Credit Rating On Prolonged Strike  – Tyler Durden

Boeing Nukes Contract Offer With Union As S&P Warns About Potential Negative Credit Rating On Prolonged Strike  Boeing’s troubles keep piling up. On Tuesday, S&P Global Ratings placed the struggling aircraft manufacturer on CreditWatch negative, with mounting risks that its investment-grade credit rating would be slashed to junk. To make matters worse, Bloomberg reported that negotiations to end an almost monthlong strike with its largest union collapsed.  Beginning with the Bloomberg report, both Boeing and the International Association of Machinists and Aerospace Workers failed to reach a deal on a new labor contract as the strike marched on to its 27th day. Boeing…  — Continue at ZeroHedge News : Read More