Union Votes to Accept Boeing 777X Plan, Cut Pension

Jan. 4 (Bloomberg) -- Jim Bearden, administrative assistant of the International Association of Machinists District Lodge 751, speaks about a proposal to the 777X jet and three other models at its Seattle hub. Union members late yesterday voted 51 percent in favor of ratifying the new agreement, which is effective through 2024. The deal would freeze pensions starting in 2016. (Source: Bloomberg)

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