Boeing makes new offer to striking workers

Boeing has made a new offer to the 30,000 striking workers represented by the International Association of Machinists and Aerospace Workers.

The union plans to hold a ratification vote on Wednesday.

The contract includes a 35% pay increase over four years, up from 30% in an offer made last month.

The ratification bonus would increase to $7,000 per worker instead of $6,000, and the deal would increase the amount of contributions to 401(k) retirement plans that Boeing would match. A traditional pension plan, which workers have asked for, is not included in the offer.

Read more from The Associated Press.