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...Bank of America cut the compensation of its top executive Brian Moyniahn by 3 per cent, or $1mn to $29mn in 2023, a year when the company’s bottom line shrunk and its stock lagged rivals....
...Economists widely expect the central bank to hold interest rates steady at a target range of 5.25 to 5.5 per cent, with strong US economic growth easing the urgency to cut rates....
...Boeing: Executives of the US aerospace group will hold a company-wide safety meeting in Renton, Washington, to discuss its response to the mid-air blowout on a 737 Max 9 jet flown by Alaska Airlines on Friday...
...Banks: The largest US banks are expected to log sharp rises in bad loans, shrinking the earnings of JPMorgan, Bank of America, Citigroup and Wells Fargo, all of which report their latest quarterly results...
...of a ‘Star Trek’ icon (Alaska Public Media) — It’s an unusually active year for solar flares (Washington Post) — Former world’s oldest dog stripped of title (BBC)...
...Bank of America has sent “letters of education” to employees who have not been showing up at the office, warning them of disciplinary action, in the latest move from a large company to push staff back to...
...United Airlines: The Chicago-based airline will host an earnings call, with investors keen for more commentary from executives on the grounding of the Boeing 737 Max 9 after a mid-air accident on an Alaska...
...“However, the state of Alaska is the only entity which has expressed interest in drilling in ANWR and it appears that few others have interest in the NPR.”...
...Third-quarter profits at Bank of America beat expectations, but growth lagged rivals because the bank still has hundreds of billions of dollars of low yielding bonds that it bought during the pandemic....
...It is a visual journey that asks the question, what if Sicily, not Alaska, had become the 49th state of America?...
...Guillaume Faury, Airbus chief executive, said the European aerospace and defence group was “monitoring very closely” what is coming out of the Alaska Airlines investigation....
...Airlines: Air carriers Southwest Airlines, American Airlines and Alaska Air Group report earnings before the bell....
...According to current market chatter, the notional bet that Alaska is taking is something of a no-brainer....
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...in America....
...A plan to reach a $10bn cash flow target by 2025-26 would also take longer, West told a Bank of America conference in London on Wednesday....
...The airline does not operate any Max 9 aircraft, currently the focus of a federal investigation after a damaging fuselage breach of an Alaska Airlines aircraft 11 days ago....
...JPMorgan, Bank of America, Citigroup and Wells Fargo all reported quarterly earnings on Friday. JPMorgan was alone among the group in posting record net profits for the year of $49.6bn....
...Two other recent examples are BP’s Deepwater Horizon crisis in 2010 and the Volkswagen Emissions Scandal of 2015; one might also think of the existential crises at Bank of America and UBS a decade and a...
...(The New Consumer) — Saving Your Pennies: The Increasing Influence of Low-Priced Stocks in US Markets (IEX) — Boeing, not Spirit, mis-installed piece that blew off Alaska MAX 9 jet, industry source says...
...Only 17 per cent of the fund managers polled by Bank of America expect a so-called hard landing — which typically implies a recession — for global growth, the smallest proportion in 19 months....
...Ron Epstein, industry analyst at Bank of America, said the Max 9 issues would “only put further pressure on Boeing management”....
...“Senator Lieberman’s love of God, his family and America endured throughout his life in the public interest,” they said....
...However, to do better, we also believe that the World Bank must include the fundamental issue of transparency among its priorities....
...with Alaska....
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