Bloomberg Don't Give Up Hope Yet After Latest Alzheimer's Drug SetbackBloombergAlzheimer's is one of the leading causes of death in the U.S. and the only disease among the top 5 for which there is no treatment. Prospects got even bleaker this week when an Eli Lilly & Co. experimental drug failed. Still, researchers and investors […]
Bloomberg Cautious Fed Sees Labor Market Strong Enough for December HikeBloombergThe data-dependent Federal Reserve isn't likely to contest the evidence: The economy looks strong enough to withstand another interest-rate increase. It will take a couple of months for U.S. central bankers to figure out the economic policies of …Is It Time to Ditch the Fed-Funds […]
Fortune 5 Things Retailers and Shoppers Should Expect from Black Friday WeekendFortuneOnline shopping will continue to grow much faster than store sales. With the acrimonious election behind it, the American public is ready for some retail therapy. The “Super Bowl of Shopping” is upon us once again. This year, the bacchanal better known …Cyber Monday's […]
Bloomberg Brexit Bulletin: Do You Know Your Brexit Negotiators?BloombergSign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. British Brexit Secretary David Davis is engaging with those he is going to spend a lot of time with in coming years. The British Brexit secretary yesterday met his …What Theresa May […]
Reuters Oil prices hit highest since October in anticipation of OPEC-led output cu…ReutersSouth Korea's top refiner SK Energy's main factory is seen in Ulsan, about 410 km (256 miles) southeast of Seoul, February 25, 2009. REUTERS/Jo Yong-Hak/File Photo. 4/4. left. right. An employee walks past oil tanks at a Sinopec refinery in Wuhan …Oil Extends […]
Yahoo Sports Cabin Crew Strike at Lufthansa Budget Airline EurowingsNew York TimesBERLIN — Cabin crew with Lufthansa's budget unit Eurowings are staging a 15-hour strike, causing dozens of flight cancelations. The ver.di service workers' union called on Eurowings cabin crew based in Duesseldorf and Hamburg to walk out Tuesday from …Pilots to go on strike at […]
Moneycontrol.com Taiwanese airline TransAsia shuts down after heavy lossesWHIOTaipei — Taiwanese airline TransAsia has announced it is shutting down following financial losses and two fatal crashes. TransAsia chairman Vincent Lin said Tuesday the airline, which served cities in China, Japan and Southeast Asia, was unable to …TransAsia Airways Closes DownWall Street JournalCORRECTED-UPDATE 1-Taiwan's TransAsia Airways seeks […]
Kansas City Star UPDATE 2-Fidelity Investments' longtime Chairman Johnson to retireBusiness InsiderBOSTON, Nov 21 (Reuters) – Long-time Fidelity Investments Chairman Edward C. Johnson III will retire next month and will be succeeded by his daughter, Abigail Johnson, the company said on Monday. During his nearly 40-year run as chairman of …Fidelity Chief Abigail Johnson to Succeed […]
The Beijinger Daimler Removes China Truck Executive After Parking Lot ArgumentBloombergDaimler AG apologized for a parking-lot dispute between an executive of its China trucks and buses unit and a resident in Beijing, removing the manager from his position after the spat aroused anger among social media users and prompted critical …Daimler Fires Official Accused of Calling […]
The Seattle Times Boeing goes outside for new Commercial Airplanes CEOThe Seattle TimesBoeing Commercial Airplanes chief executive Ray Conner is stepping down from that role, replaced immediately by General Electric senior executive Kevin McAllister. In addition, executive Stan Deal steps up to a companywide role as Boeing pushes further …Boeing names next CEO for commercial airplanes […]