Boeing factory strike crosses 1-month mark as pressure mounts on CEO

Boeing machinists union members have been on strike for over a month, rejecting a tentative contract and costing the company over $1 billion a month. CEO Kelly Ortberg is under pressure to resolve the strike and other issues Boeing is facing. Talks have broken down, with the union accusing the company of negotiating in bad faith. Workers are not receiving paychecks or health insurance, but there are temporary job opportunities available. Boeing plans to cut its global workforce by 10% and expects deepening losses. Analysts warn of a possible downgrade to junk status. The instability at Boeing could impact its suppliers as well.