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Boeing Starts Week With Good News on 787 and Delay in Union Strike

  • New contract offer is made to defense workers near St. Louis
  • Dreamliner move clears path for deliveries on hold since 2020
Updated on

Boeing Co.’s shares jumped the most in the Dow Jones Industrial Average on a double dose of good news, giving the planemaker a much-needed lift after months where few breaks went its way.

The aerospace manufacturer has averted -- for a few days at least -- an Aug. 1 strike by 2,500 machinists that would have crippled its St. Louis-area fighter-jet plants. While they only extended talks through Wednesday, the pause buys the aircraft maker extra time to win support.