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...An employee stock ownership plan at United Airlines in the 1990s also awarded board seats to unions....
...UK asset manager Abrdn has slashed employee benefits as part of a fresh round of cost cuts, halving redundancy payouts and reducing the length of paid parental leave by about a third....
...The regulator has limited the number of 737 Maxes Boeing can build per month to 38 and given the company until the end of May to submit a plan to improve quality....
...But problems at Boeing mean that not every carrier will benefit equally....
...a plan to fix quality issues....
...The shortcomings in Boeing’s 737 Max aircraft programme have been hugely damaging to the company....
...After a review by the board, Boeing created a board-level aerospace safety committee and centralised its safety reporting functions....
...He took that message to Washington this week, only to learn that Senator Maria Cantwell, who chairs the senate’s commerce committee, plans to summon Boeing executives to hearings to investigate its quality...
...The halt to increased Max production will impede Boeing’s plans for the narrow-body jet....
...-year-old murder victim Milly Dowler prompted the closing of the newspaper and forced parent company News Corp to drop its plan to buy BSkyB....
...Boeing’s engineering and safety processes would be strengthened. There has been progress. The company created a board-level aerospace safety committee and centralised its safety reporting functions....
...In the case of Boeing, customers may vote with their feet, and the company be compelled to improve by a combination of stakeholder pressure and market forces....
...The House of Commons work and pensions committee said on Tuesday that just 4 per cent of the 5,100 defined-benefit pension schemes in the private sector were open to new joiners last year, down from 11 per...
...The national broadcaster has also failed to set out a clear plan to deliver benefits from the wider shake-up, which includes moving £700mn in spending from the capital to the regions by 2028, a report by...
...plans to save $3tn through higher taxes over 10 years....
...Under this plan, Paramount would then acquire Skydance for $5bn in a stock deal. A special committee of the Paramount board is evaluating the Skydance bid....
...If the ruling is upheld and Musk’s remuneration plan is scrapped, he will lose options over 303mn Tesla shares, close to 10 per cent of the company....
...benefits of relocation....
...Boeing has withdrawn a request for a safety exemption for a new version of its 737 Max 7 jet....
...Meanwhile, the House of Lords financial services regulation committee wrote to Rathi to demand answers about the plan, including questioning the absence of a cost-benefit analysis....
...The Brazilian aerospace and defence group is studying plans for a narrow-body aircraft or a long-range business jet, with a proposal ready for the company’s board by the end of next year....
...A LOT Given Jane Street’s disclosed compensation and benefits of $2.4bn last year, this works out to over $900k for each employee on average....
...Boeing is a publicly traded company, and those companies tend to provide an annual forecast at the start of each year....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...After the investigation by the audit committee of the company’s board, ADM restated the past six years of operating profits for all three of its main divisions....
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