CEO – Page 6 – One America News Network

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, U.S., September 13, 2024. REUTERS/Matt Mills McKnight/File Photo

Boeing halts talks, withdraws pay offer to union as strike drags on

Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.

The Nike Alphafly 3 running shoe is displayed during the launch REUTERS/Stephanie Lecocq//File Photo

Nike shares drop as investors fret over murky turnaround timeline

Nike shares fell about 8% in early trading on Wednesday after the sportswear giant withdrew its annual revenue target.

A sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida. The company lowered its 2024 adjusted earnings forecast to at least $8.30 per share, down from a previous guidance of at least $8.50 per share. The company pointed to its medical cost trend analysis for the lower forecast. (Photo by Joe Raedle/Getty Images)

CVS Health To Cut Nearly 3,000 Jobs Nationwide

CVS Health will be reportedly discontinuing 2,900 positions at its establishments across the U.S., following the company’s new plan to reduce costs by $2 billion.

Nike CEO To Retire As Sportswear Company Sales Drop

Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition.

Striking Boeing workers and their supporters picket outside the Boeing Co. manufacturing facility in Renton, Washington, on September 16, 2024. In the first strike in 16 years, thousands of Boeing factory workers walked off the job in a dispute of pay that is likely to effect the manufacture of Boeing commercial planes. (Photo by Yehyun Kim / AFP) (Photo by YEHYUN KIM/AFP via Getty Images)

Boeing To Begin Furloughs As Strike Continues Causing Delay In Production

On Wednesday, Boeing’s CEO announced that the company will begin furloughing “a large number” of employees to limit spending during the strike by union machinists that began just a week ago.

TOPSHOT - Union members react as Aerospace Machinists District 751 President Jon Holden (out of frame) announces that union members rejected a proposed Boeing contract and will go on strike, following voting results at their union hall in Seattle, Washington, on September 12, 2024. Boeing workers in the Seattle region overwhelmingly voted to strike on September 12, rejecting a contract the embattled aviation giant characterized as a boon for staff given the company's stressed financial condition. (Photo by Jason Redmond / AFP) (Photo by JASON REDMOND/AFP via Getty Images)

Boeing Employees Strike After Rejecting 25% Pay Increase, Impacting Production

Boeing employees walked off the job site at Boeing Factories near Seattle on Friday morning after union members voted to go on strike and reject a tentative contract that would have increased wages by 25% over a four-year span.