Boeing announces plans to raise up to $22 billion through a stock offering to strengthen its financial position amid an ongoing strike by workers. The company aims to maintain its investment-grade credit rating and address concerns about potential downgrades due to the strike. Boeing's financial health has deteriorated significantly since the strike began, with a reported $6 billion loss in the third quarter alone.

Source: https://www.wionews.com/business-economy/boeing-eyes-22-billion-stock-offering-to-strengthen-finances-amid-ongoing-strike-771488

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