Boeing boosts offer to striking machinists

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Boeing (BA) has sweetened its offer to striking machinists. The aerospace giant is now offering a wage increase of 30% over four years (it had been 25%) and an increase in the ratification bonus to $6,000 (previous offer was $3,000), among other updated offers. The International Association of Machinists and Aerospace Workers, which represents the more than 30 thousand Boeing workers on strike, had yet to respond to the offer at the time this video was created.

Market Domination anchors Josh Lipton and Madison Mills discuss the latest offer in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Stephanie Mikulich.