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...Chicago-based Grant Thornton is the seventh largest accounting firm in the US after the Big Four, RSM and BDO, with $2.4bn in revenue in its past financial year, which ran to July 2023....
...Southwest Airlines, the carrier with the most 737 Maxes in service and on order, said on Thursday it would receive only 20 of the 46 single-aisle jets it had expected this year....
...The nearly £15bn of debt held by the Thames Water utility companies that sit below Kemble should be unaffected by the default....
...The Institute for Supply Management said its index tracking the services sector fell to a reading of 50.6 in December from 52.7 in November....
...The Chicago carrier said it would resume flights between Newark, New Jersey, and Tel Aviv on March 2, with nonstop service beginning four days later....
...The Chicago carrier said it will resume flights between Newark, New Jersey and Tel Aviv on March 2, with nonstop service beginning four days later....
...It’s not just the default risk, but where the corporate structure the terms of default will apply....
...Moreover, such institutions often accompany lending with advisory services to clients to build their capacity. Such factors may explain the lower defaults and superior recovery rates....
...“We’re seeing goods prices that are actually falling and continued moderation in wage growth, which is important for services prices.”...
...The airline said its Max 9 fleet would gradually return to service by early February....
...People told us, ‘You can’t put a restaurant out front of a design store like that’, but the dishes we sell are used in the service, people enjoy them and ask about them....
...The airline said its technical operations team will fix the problem “to safely return the aircraft to service”....
...Moody’s expects business services, healthcare and “high-tech industries” to have the most defaults this year....
...The US government has alleged that Google illegally paid $10bn to other companies such as Apple to ensure it would be the default search engine and maintain its dominance.AI: US president Joe Biden is expected...
...“The safety of the flying public, not speed, will determine the timeline for returning the Boeing 737-9 Max to service,” the FAA said....
...Before the recent rise in interest rates, this mostly involved gawking at the erosion of lender protections in bond contracts and having fun with credit default swaps....
...Biden: US president Joe Biden will deliver remarks at a memorial service for Sandra Day O'Connor, the first woman to sit on the Supreme Court....
...Other bonds with triple C ratings were issued by cyber security groups McAfee, Cloud Software Group and healthcare services company LifePoint Health....
...“It’s a simple carry trade and we know this stuff in Chicago,” said a longtime trader who declined to be identified....
...The US services sector grew at a slower pace than forecast in October, adding to a spate of data that suggests a decline in economic activity....
...When I was a banker I used to run votes to change bond contracts all the time, and sometimes it took less than a week,” said Gregory Makoff, author of the book Default: The Landmark Court Battle over Argentina...
...It also prohibits the provision of warranting services for the metals and bans services to acquire the metals as part of the physical settlement of a derivative contract....
...This may be fine in the restaurant business, women’s handbags, fine wines, financial services or home furnishings, but in mass air transportation the only thing that occurs in competition is duplication,...
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