Boeing workers to vote on new proposal that could end strike

Boeing and its machinists’ union have reached a new contract proposal that includes 35% wage increases over four years, a higher signing bonus, and other benefits. The ratification vote is set for Wednesday. The strike began in September after the machinists rejected a previous offer from Boeing. Acting U.S. Secretary of Labor Julie Su helped facilitate the new proposal. Boeing is facing financial challenges and is working to reshape the company under new CEO Kelly Ortberg. The ratification of the contract would be a victory for Ortberg and could help stabilize the company’s future.