labor unrest
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USA
Boeing Faces First Strike in 16 Years as Over 30,000 Workers Demand Higher Wages Amid Mounting Financial Woes
Washington, DC, USA: Over 30,000 Boeing manufacturing workers went on strike on Friday, marking the company’s first labor stoppage in 16 years. The strike adds to Boeing’s already mounting troubles, including a $60 billion debt burden and persistent safety concerns. Boeing’s stock took a hit, reaching a near two-year low as Fitch Ratings warned of a potential downgrade in the…
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World News
25 Factories Shut Down Amid Widespread Labor Strikes in Bangladesh Pharma
The pharmaceutical industry in Bangladesh is facing significant unrest, with production halted at 25 major manufacturing plants due to labor disputes, raising concerns about a potential medicine shortage if the issues aren’t resolved promptly. Despite these disruptions, reports indicate that the overall drug supply remains stable for now. Several pharmaceutical factories are set to resume operations following negotiations with workers,…
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