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...This laudable move is undermined by its adoption of an extreme approach to dual-class shares, listing without any automatic time-based sunset clause for them....
...The FAA’s temporary grounding applies to all Max 9 aircraft with a mid-cabin door plug installed in the fuselage....
...American, Delta and JetBlue all cited rising industry costs as driving their decision. The airline industry is confronting inflation, higher fuel prices and higher labour costs....
...“All the essential instructions have been given by the president.”...
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Merchants will for the first time be able to assess customers different rates for all cards, rather than being able to differentiate based only on the credit card network....
...All of those on board landed back safely at Portland, Oregon....
...The door panel that blew out during the Alaska Airlines flight was later found in the garden of an Oregon physics teacher....
...The narrow proportions lend it a gallery feel, which is how Finard had envisaged it – rig lights and all. Brûlé has honoured that idea to some extent....
...At some point, American politicians will have to grasp this nettle....
...The 171 Max 9 jets grounded after the Alaska incident are expected to return to service soon....
...Or does the future still have vowels after all? God save us from bosses who want to be visionaries....
...All of those on board landed safely at Portland, Oregon....
...Full-service banks such as JPMorgan are built for scale — ie getting as many deals through the door as possible — so there’s only so much impact any one individual can make. That’s intentional....
...The FAA on Saturday grounded all Max 9s configured with a plugged, or permanently shut, door. Carriers with denser seating configurations use the doors, while those with fewer seats seal them off....
...More than half of all American households and 116mn of the country’s 333mn residents hold shares in at least one mutual fund. “The mutual fund has democratised investment....
...The history of combinations in financial services is littered with examples where the prized assets quickly walked out the door....
...The two cases last year and the Alaska incident all have Spirit in common — the Wichita, Kansas-based company builds the Max fuselages, including the door plug that fell off the plane....
...All the data shows a steep increase in the rates of teen depression, and suicides by girls in particular, since 2010, which is when a majority of Americans got a smartphone....
...Unilever cools on ice cream I scream, you scream, we all scream for ice cream. Except, apparently, at the European consumer giant Unilever....
...Our go-to measure, the net bullishness among investors surveyed weekly by the American Association of Individual Investors, has been consistently positive all year: In the past week, moreover, Citi’s Levkovich...
...In all, the ETFs garnered $10.3bn in net inflows last year. By comparison, the firm’s $2.49tn American Funds mutual fund line-up bled $43.1bn last year....
...Let’s take the annual Thanksgiving dinner we throw for about 35 guests (my wife’s American). I start with the champagne....
...“The ship is sinking and all my colleagues are talking about how much our severance packages will be,” says one. “I would be happy if it were bought....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
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