BACK TO WORK
Labor peace is sometimes the price of success. Boeing settled its two-month machinists strike late Wednesday night so it could get busy filling the biggest single widebody jet order in history: a $12.7 billion contract to deliver 77 of its 777 jets to Singapore airlines. To do so, the company is giving the machinists almost everything they asked for, including bonuses indexed to company performance, increased job security, expanded medical coverage and an extension of the new contract to a fourth year. The two-month walkout had already delayed the delivery of some 30 planes, costing Boeing hundreds of millions of dollars. Most of the more than 32,000 machinists covered by the new pact are expected to be back on the job Friday.
Most Popular »
- E.T. Turns 30: 10 Things You Didn't Know About Our Favorite Extra-Terrestrial
- Nevada Ghosts: Rare Photos From an A-Bomb Test
- Temple of Doom: Scientists Discover Peruvian Tomb Filled with Mummies, Infants
- 15-Year-Old Creates Test for Pancreatic Cancer
- Before and After D-Day: Rare Color Photos
- A Diamond Jubilee
- Marilyn Monroe: Early Unpublished Photos
- 10 Dangerous Products You Might Have in Your Home
- Obama Stumbles? Why the President's Right to Talk About Bain
- Etan Patz: After 33 Years, an Arrest in the Disappearance of the 'Milk-Carton Boy'
- Researchers Probe the Potential Health Benefits of Palm Oil
- A Visit with Turkey's Controversial Religious Movement
- Feeding the Planet Without Destroying It
- Bubble on the Potomac
- Falcon's Liftoff: How a Private Firm Could Change Space Exploration
- The Fatal Flight of the Superjet 100: Why Did It Slam Into a Mountain?
- Learning That Works
- The Man Who Remade Motherhood
- Bibi's Choice
- Seoul: 10 Things to Do
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
