Boeing announces stock offerings of $22 billion to pay debt and raise capital
ARLINGTON—Less than a week after reporting $6.2 billion in third quarter losses and machinist union members rejecting its latest contract offer, Boeing announced on October 28, stock offerings to raise up to $22 billion to help ease its financial woes. “Boeing intends to use the net proceeds from the Offerings for general corporate purposes, which […]
Boeing IAM workers reject latest offer, strike continues, Boeing silent
SEATTLE—Boeing IAM 751 & W24 union members overwhelmingly voted, 64 percent, on Wednesday, October 23, to reject the latest October 19 contract offer from the aerospace company. The strike continues. “This wasn’t enough for our members,” Jon Holden, IAM 751 President told reporters at Wednesday’s presser following the vote. “There is a big gap we […]
Boeing reports $6.2 billion loss for third quarter results
ARLINGTON, Va.—At its third-quarter 2024 earnings briefing on October 23, Boeing President and CEO Kelly Ortberg shared the grim reality of the company’s financial challenges ahead and his four-point plan to “restore Boeing to the leadership position that we all know and want.” “It will take time to return Boeing to its former legacy, but with […]
V-Day: Tens of thousands of Machinists vote on Boeing’s latest offer
EVERETT—Polling locations in Washington, Oregon, and California open on October 23 at 8 a.m. where approximately 33,000 International Association of Machinist (IAM) 751 & W24 workers will decide to accept or reject the latest October 19 bargaining agreement offer by Boeing. The latest offer is a much better deal from the original union leadership endorsed […]
Lawmakers celebrate soft open of new law enforcement training academy
ARLINGTON—The Washington State Justice Training Commission held a soft open on Tuesday, October 22, for its newest regional law enforcement training center set to officially open in Arlington in February 2025. Arlington’s law enforcement training center will be Washington State’s third regional training facility within the last two year facility following Pasco, which opened in […]
Inslee, Democrats use your tax dollars to support anti-initiative propaganda
Now that the general election voting period is open, watch for opponents of the money-saving initiatives on the ballot to crank their attacks up another level. You may have already seen ads opposing Initiative 2124, which would make our state’s long-term care payroll tax optional. Those ads are funded largely by the labor union that […]
Inslee and state leaders break ground on new Western State hospital building
LAKEWOOD—Washington Governor Jay Inslee, joined by several state leaders, broke ground on the new Forensic Center of Excellence of the Western State Hospital campus on Thursday, October 17, which will provide 350 beds when it opens in 2029. “Today is a groundbreaking for this facility, but in a sense it’s a groundbreaking for how we […]
High-ranking congressional leaders urge Boeing and IAM to reach deal, ‘$8 trillion’ at stake
EVERETT—Three of the highest-ranking congressional leaders—U.S. Senator Maria Cantwell (D-WA), chair of the Senate Committee on Commerce, Science, and Transportation, Representatives Adam Smith (D, WA-09), ranking member of the House Armed Services Committee, and Rick Larsen (D, WA-02), ranking member of the House Transportation & Infrastructure Committee—along with president pro tempore of the United States […]
Sheriff Johnson along with all county judges endorse Whitney Rivera for Superior Court
Sheriff Susanna Johnson encourages voters to support Judge Whitney Rivera Public safety is not just about the work of law enforcement. When it comes to keeping our communities safe, we also need a court system that will take these cases and handle them in a professional and transparent way. Trial judges shape our community by […]
Boeing announces plans of a 10% total workforce reduction as strike continues
EVERETT—In an email to all employees sent Friday afternoon, Boeing President and CEO Kelly Ortberg announced that due to the ongoing strike, the company will delay delivery of its 777X program by a year to 2026, decommission the commercial program of its 767 freighter, and will now be assessing a total workforce reduction of 10 […]
