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To minimize the number of forced cuts, large airlines have been offering a variety of early departure packages. United's agreement with the Air Line Pilots Association International (ALPA) includes an early retirement deal for pilots 62 and older, as well as a slew of different options for pilots to voluntarily reduce their hours or take a leave of absence during which they would potentially receive health benefits as long as they keep up their training, covered by United. Bryan Quigley, United's senior vice president of flight operations, sent the terms to pilots in a memo late Thursday which was reviewed by Reuters....
The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted wrongdoing to prosecutors for his role in a multi-billion-euros fraud, his lawyer said on Thursday. It is the first known confession of wrongdoing in the collapse of one of Germany's biggest companies. The unidentified jailed executive was the chief executive officer of Dubai-based Cardsystems Middle East....
The news comes as a fresh blow to California's largest utility that emerged from bankruptcy earlier this month, marking an end to a long-drawn restructuring process that began after its equipment sparked some of the deadliest wildfires in the state. Responding to the finding, Pacific Gas and Electric Co said it did not have access to the investigative report or the evidence Cal Fire has collected at this time....
(Bloomberg) -- A top-performing Intel Corp. supplier in Singapore is set to continue its winning streak in the stock market as it benefits from emerging trends in the semiconductor industry.AEM Holdings Ltd. -- a chip-testing equipment provider that counts the U.S. tech giant as its main customer -- has surged 53% this year to become the top performer in the 107-member FTSE ST All-Share Index, the broadest measure for Singapore stocks. All four analysts covering the stock have an equivalent of a buy rating on it, and on average expect it to gain about 19% over the next 12 months, according to data compiled by Bloomberg.This puts it in the running to be the best performer on the index for four of the past five years, as Intel further expands into data centers, autonomous vehicles and next-generation technology. And as pandemic-induced remote working arrangements become more commonplace, demand for chips is...
A look at the shareholders of Mesoblast Limited (ASX:MSB) can tell us which group is most powerful. Generally......
