Rockland Trust CEO: No immediate plans for further acquisitions
The Boston Business Journal's Power 50, "The Movement Makers," focuses on those in the Boston-area business community who demonstrate the most influence on making both their company and the region a better place for everyone in it.
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Newsweek
3 hours ago
- Newsweek
Thousands of Boeing Employees Could Strike Next Week: What To Know?
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. More than 3,200 union workers at three St. Louis-area plants that produce U.S. fighter jets voted "overwhelmingly" to go on strike on Sunday after they rejected a proposed contract that included a 20 percent wage increase over four years. The company said it was preparing for a strike that the union said could begin on Aug. 4. Why It Matters The company has faced serious difficulties over recent years including several safety-related incidents. In March, Transportation Secretary Sean Duffy said Boeing had lost the trust of the American people and needed strict oversight after a mid-air panel blowout on a new Alaska Airlines 737 MAX 9 airplane that was missing four key bolts and two fatal crashes in 2018 and 2019 that killed 346 people. A Boeing 787 Dreamliner crashed in India last month killing 260 people. A strike late last year by machinists' union memes put a heavy toll on the company, compounding existing production issues and stalling the manufacturing of its key aircraft, including the 737 MAX, 767, and 777 models. Pro-union signs are pictured outside the Boeing Renton Production Facility on November 3, 2024. More than 3,000 members of the International Association of Machinists and Aerospace Workers in the St. Louis area voted on Sunday... Pro-union signs are pictured outside the Boeing Renton Production Facility on November 3, 2024. More than 3,000 members of the International Association of Machinists and Aerospace Workers in the St. Louis area voted on Sunday to go on strike. MoreWhat To Know The International Machinists and Aerospace Workers union, or IAM, said the vote by District 837 members was overwhelmingly against the proposed contract. The current contract was to expire at 11:59 p.m. CT on Sunday, but the union said a "cooling off" period would keep a strike from beginning for a week, until Aug. 4, according to The Associated Press. Union leaders had recommended approving Boeing's offer sent last week, calling it a "landmark" agreement that the offer would improve medical, pension and overtime benefits in addition to pay. Dan Gillian, Boeing's Air Dominance vice president, general manager and senior St. Louis Site executive said in an emailed statement that the company was disappointed that the Boeing employees voted down "the richest contract offer we've ever presented to IAM 837 which addressed all their stated priorities." The Boeing Air Dominance division produces several military jets, including the U.S. Navy's Super Hornet, as well as the Air Force's Red Hawk training aircraft. The division is expanding manufacturing facilities in the St. Louis area for the new U.S. Air Force fighter, the F-47, after it won the contract earlier this year. The Next Generation Air Dominance (NGAD) fighter jet program, initially conceived as a "family of systems" centered around a sixth-generation fighter jet, is meant to replace the F-22 Raptor. What People Are Saying Boeing's Air Dominance Vice President Gillian said in the statement: "We've activated our contingency plan and are focused on preparing for a strike. No talks are scheduled with the union." IAM said in a statement: "Union members delivered a clear message: the proposal from Boeing Defense fell short of addressing the priorities and sacrifices of the skilled IAM Union workforce. Our members are standing together to demand a contract that respects their work and ensures a secure future." What Happens Next The strike is due to begin after a one-week "cooling off" period, on Aug. 4.
UPI
6 hours ago
- UPI
Boeing machinists who build fighter jets reject contract, plan strike
A large American flag is hoisted behind a Boeing F/A-18 E1 Super Hornet jet before dedication ceremonies at the National Museum of Transportation in Kirkwood, Mo., on August 3, 2024. Machinists at three plants in the St. Louis area the product fight jets rejected a contract. File Photo by Bill Greenblatt/UPI | License Photo July 27 (UPI) -- Several thousand Boeing union workers at three St. Louis-area plants who build fighter jets are planning to go on strike after rejecting a proposed contract Sunday that would pay an average of than $100,000 per year. Members of the International Association of Machinists and Aerospace Workers at Boeing factories in St. Louis and St. Charles in Missouri and Mascoutah in Illinois voted against the new contract that included a 20% wage increase over four years. The contract for District 837 members will expire at 11:59 p.m. CDT at which point there is a seven-day cooling-off period before a strike could start. In all, there are 16,000 employees at the three locations, according to St. Louis Business Journal Research. "IAM Union members delivered a clear message: the proposal from Boeing Defense fell short of addressing the priorities and sacrifices of the skilled IAM Union workforce," the union said in a news release. "Our members are standing together to demand a contract that respects their work and ensures a secure future." Boeing and the union representing the machinists on Thursday reached an agreement on a four-year contract that would boost annual salaries to $102,600 with an 8% increase in the first year and 4% for the other three years. "This contract puts money in members' pockets, protects healthcare access, and ensures our members have a voice in future health decisions all while respecting the skill and dedication IAM workers bring to Boeing's critical defense programs," IAM Union International President Brian Bryant said after the tentative contract. The total increase would be 40% when including other benfits. There was a $5,000 ratification bonus. Boeing said the current average hourly pay of $35 is $6 higher than three years ago. "The IAM Union remains committed to achieving a fair contract that meets the needs of our members," the union said. "The IAM Union looks forward to returning to the bargaining table with Boeing's leadership to deliver meaningful improvements that support the well-being and livelihoods of IAM members and their families." IAM, with approximately 600,000 active and retired workers, is one of North America's largest and most diverse industrial trade unions. They represent workers in aerospace/airlines, defense, shipbuilding, railroads/transit, healthcare and automotive in the United States and Canada. "We're disappointed our employees voted down the richest contract offer we've ever presented to IAM 837 which addressed all their stated priorities," Dan Gillian, Boeing Air Dominance vice President, said in a statement, obtained by KSDK-TV. "We've activated our contingency plan and are focused on preparing for a strike. No talks are scheduled with the union." Last year, Boeing machinists in the Pacific Northwest were in a 54-day strike that shut down airplane production. Ultimately, they agreed to an immediate pay boost of 13% and a total of 44% over four years when compounded. Boeing has more than 170,000 employees worldwide. The vote came two days before Boeing plans to announce its second-quarter earnings.
Associated Press
7 hours ago
- Associated Press
Colipse Coffee Expands Its Swiss Water® Decaf Line with New Sizes and Grind Options
Chemical-free decaf gets major upgrade with four bag sizes, precision grinds, and bulk savings up to 40% per ounce 'Decaf is no longer just a side option. Our customers want the same richness and complexity they get from regular coffee so we revisited the roast and built a lineup that stands on its own.'— Michal Sieroslawski, founder of Colipse Coffee BOSTON, MA, UNITED STATES, July 27, 2025 / / -- Colipse Coffee, a specialty coffee brand that has seen 200% growth in decaf coffee sales over the past year, today announced a comprehensive expansion of its Swiss Water® Process decaf collection. The upgrade introduces four bag sizes, four grind options, and bulk pricing that saves customers up to 40% per ounce. The decaf market is growing steadily as consumers increasingly prioritize sleep quality, anxiety management, and caffeine control for medical conditions. Pregnant women, medication users, and those with digestive sensitivities are driving demand for high-quality decaf that doesn't sacrifice taste. Unlike traditional chemical methods using methylene chloride or ethyl acetate, Colipse's Swiss Water® process removes 99.9% of caffeine using only water, temperature, and time – making it increasingly valuable to health-conscious consumers. The numbers reflect this shift: the global decaffeinated coffee market reached $2.39 billion in 2024 and is projected to grow at 7.2% annually through 2035, significantly outpacing traditional coffee. The National Coffee Association reports 7% of Americans now consume decaf daily, with strongest growth among health-focused consumers aged 40 and over. Product Expansion Details Bag Sizes: Now offered in 12 oz, 16 oz, 2 lb, and 5 lb formats for all Colipse Swiss Water decaf coffees Grind Options: Available as whole bean, coarse (for French press & cold brew), medium (for drip), and fine (for espresso & moka) Bulk Savings: Customers can save up to 40% per ounce with larger 5 lb bags Flexible Subscriptions: Choose grind type, bag size, delivery schedule, and pause or skip anytime The expanded line works seamlessly with popular equipment including Jura, De'Longhi, Breville, and Gaggia machines, plus manual methods like Chemex, Hario V60, and French press. Each order is roasted fresh, vacuum-sealed for peak flavor retention, and ships free across the United States. The expanded Swiss Water® decaf line is available immediately at with introductory pricing starting at $21.95 for 12 oz bags. Bulk discounts apply automatically, and subscription customers receive an additional 5% off all orders. 'I was looking for the cleanest and best decaf coffee on the market and I think I found it,' said Charlotte Anderson, a Colipse customer. 'This coffee is delicious - my stomach can't handle caffeine, but I don't have to sacrifice taste.' About Colipse Coffee Founded in 2024, Colipse Coffee is a New Mexico-based specialty coffee company committed to delivering exceptional coffee through sustainable practices and innovative processing methods. The company has experienced rapid growth by focusing on quality, freshness, and customer service. Michal Sieroslawski Colipse Coffee +1 505-445-3781 email us here Visit us on social media: LinkedIn Facebook X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
