Business

<< Previous   of   Next >>   ADVERTISEMENT   CONTACT THE HERALD Mike Benbow, Business Editor benbow@heraldnet.com   Published: Monday, October 6, 2008 CEO McNerney says strike hurts Boeing reputation Associated Press SEATTLE -- Boeing chief executive Jim McNerney says the Machinists union strike is undermining the company's reputation for reliability. McNerney issued a memorandum to all Boeing employees Monday, saying repeated strikes could cause the nation's aerospace industry to go the way of auto makers in Detroit. His note does not discuss three of the top four issues in the dispute -- pay, retirement benefits or medical care -- except in general terms. Instead, McNerney focused on the fourth, outsourcing and job security. He writes that U.S. auto manufacturers damaged themselves in past years by agreeing to job guarantees, along with high wages and benefits. McNerney adds, "we cannot sacrifice our long-term competitiveness for expedience in a short-term agreement to end the walkout."

1. Emory’s owner fears fire was arson 2. Monroe honking case makes it to state Supreme Court 3. Vatican ponders the souls in space 4. 81 veterans' names, 81 meaningful lives honored in Snohomish 5. Hope dims that Olympics will boost region 6. Student hit in crosswalk to return 7. Smokey Point to celebrate end of roadwork 8. Death on Edmonds waterfront ruled a suicide 9. Help for young moms may continue 10. Semifinal slate sealed on ‘Dancing With Stars’ 2 - Top 10 Stories Most Talked about 3 - Top 10 Stories Most Emailed

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