North America

Baltimore Sues Dali Cargo Ship Owner and Manager for Negligence That Led to Key Bridge Collapse

Baltimore's mayor and city council are demanding that the owner and manager of the cargo ship responsible for the tragic collapse of the Francis Scott Key Bridge be held completely accountable for the loss of life.


JetBlue Ex-CEO Robin Hayes Appointed to Head Airbus’s North American Division

Robin Hayes, former CEO of JetBlue, will now serve as the head of Airbus' North American operations...

Delta Air Lines Increases Flight Attendant, Ground Workers Wages by 5%, Boosts Starting Pay

Delta Air Lines is increasing wages for nonunion employees as it prepares for another attempt by a union to represent flight attendants...

Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop

Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...


Latest News

Charles River Associates Appoints James Massey To Strengthen Its Finance Practice
Charles River Associates, CRA, the Boston based global consulting firm is specialized in litigation, regulatory, financial and management consulting. The firm is now expanding the finance practice thr
MetLife wins legal case against FSOC's SIFI designation
MetLife has won a legal battle against US regulators over systemically important' financial institution (SIFI) status. A Washington court has rejected Financial Stability Oversight Counsil's (FSOC) at
Yahoo revises bylaws allowing proxy access
Allowing proxy access, Yahoo Inc has revised its bylaws. It'll also enable long-time shareholders to nominate candidates at board on ballots. The new bylaws will come into force after 2016 annual gene
Apple Launches Safari Technology Preview, New Browser Version For The Developers
Apple has launched on Wednesday a new Safari browser version, specially designed for the developers, Safari Technology Preview. It allows developers to experiment their own applications with the brows
Citigroup Study Report Suggests 30% Job Cuts In US Banking Industry By 2025
To tackle volatility in the US banking market, regulators are enacting new laws time to time directing to absorb new technologies. Adoption of automated technologies coupled with aggression by fintech
$2.6-bln buying binge puts SunEdison on brink of collapse
The aggressive buying binge of SunEdison Inc has resulted in a total debt of $12 billion. The US-based clean-energy company may seek bankruptcy protection.
United Guaranty, Mortgage Insurer of AIG Files For IPO With NYSE
AIG has announced in January planning for spinning off its mortgage insurer unit United Guaranty, following pressure from the shareholders. Following the announcement, Standard & Poor’s, a credit rati
MetLife Approaches With Breakup Plan Since Washington Court Declares SIFI Label Unlawful
MetLife has announced in January planning for selling large portion of its US insurance unit. But the move has been suspended following imposition of designation as SIFI by FSOC. However, the FSOC mov
PepsiCo Reshuffled Its North American Management
PepsiCo reorganize its North American operation. The company appointed Albert Carey CEO to oversee beverages, Frito-Lay and Quaker Foods divisions in North America, and two other executives.
Western Alliance Bank to buy part of GE Capital assets
US-based Western Alliance Bank has decided to buy GE Capital assets from General Electric Co. The deal is expected to be completed by end of 2016. General Electric will focus on its core industrial o
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