Boeing’s 2024 labor strike continues as the company and a key union didn’t make any progress negotiating on Friday. Retirement benefits are a sticking point.

As the Boeing (BA) machinists’ strike stretches on, negotiations have hit an unexpected snag that goes beyond debates over current wages. The International Association of Machinists and Aerospace Workers,

The machinists' union announced that discussions to resolve the machinists strike “broke off” without further agreement after the mediated meeting.

Boeing's union has the aerospace company over a barrel. Boeing can afford to raise wages but only at the cost of a big cut in profits.

There was no progress made on pensions, and the company “would not engage substantively” on issues such as higher pay and quicker wage progression, the International Association of Machinists and Aerospace Workers said in a statement on the night of Sept. 27. No further talks are scheduled for now, it said.

That includes around $690 million in lost labor income, an analysis by Bjorn Markeson, an economist for data and analytics software provider Implan, revealed. And the work stoppage has sent ripples through Boeing’s base of more than 1,100 suppliers throughout the state.

The International Association of Machinists (IAM) union strike against Boeing is expected to result in a $1.05 billion loss for

The union representing Boeing factory workers who are currently on strike in the Pacific Northwest says contract talks “broke off” with the company after another bargaining session

Boeing's two-week-old strike has forced aerospace supplier Pathfinder Manufacturing to furlough 14 out of the company's 54 employees, and CEO Dave Trader fears he may need to send more home if the stoppage grinds on.

Boeing and its striking machinists' union have stalled out of contract talks. The Cy Young voting isn't going to be very suspenseful this offseason. Poor Makari Vickers had no idea what was coming. Week 5 proved to be one of the most eventful weeks so far this college football season.