Published:
Ratings agency S&P Global Ratings late Tuesday put a price tag on Boeing Co.’s ongoing machinists strike, estimating that it is costing more than $1 billion a month even after furloughs and other cost-saving moves that the aerospace and defense company has put in place.
S&P put Boeing’s
BA credit rating on review for a possible downgrade, on concerns about the strike entering its fourth week with no end in sight.
