Boeing’s Bold Gamble: A Corporate Titanic Sailing Toward Junk Status

Boeing withdraws pay proposal for 33,000 factory workers, intensifying a 4-week strike. Talks with union end in stalemate, leaving critical models like 737 MAX and 777 idling. Union demands 40% wage increase and pension reinstatement, while Boeing offers 30% raise. Company faces financial strain and potential credit downgrade, exploring funding options.