Qatar Airways Eyes 10% Stake in American Airlines – New York Times

Qatar Airways Eyes 10% Stake in American Airlines – New York Times

Photo A Qatar Airways at an airport serving Paris. Credit Eric Piermont/Agence France-Presse — Getty Images Qatar Airways has expressed interested in buying up to 10 percent of American Airlines, an unsolicited approach that comes amid criticism from United States carriers that Persian Gulf competitors have an unfair advantage. The state-owned Qatar Airways said it […]

Uber Founder Travis Kalanick Resigns as CEO – New York Times

Uber Founder Travis Kalanick Resigns as CEO – New York Times

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Mr. Kalanick said in a statement. How Uber’s Brash Approach Is Beginning to […]

Whole Foods’ CEO described his deal with Amazon as a ‘dream come true’ but investors want more – Business Insider

Whole Foods’ CEO described his deal with Amazon as a ‘dream come true’ but investors want more – Business Insider

Amazon offered $13.7 billion for Whole Foods. Investors think it’s worth a whole lot more.Mario Anzuoni/Reuters When Whole Foods and Amazon announced their $13.7 billion merger Friday, John Mackey, CEO of Whole Foods, could barely contain his enthusiasm. In a town hall with employees, he gushed about about the impending “marriage”— a metaphor he revisited […]

Britain charges Barclays, ex-bosses over "unlawful" Qatari deal – Reuters

LONDON Barclays (BARC.L) and four former top executives were charged with fraud on Tuesday over undisclosed payments to Qatari investors as part of a 12 billion pound ($15 billion) emergency fundraising during the financial crisis in 2008. Britain’s Serious Fraud Office (SFO) charged Barclays Plc, former chief executive John Varley, Roger Jenkins, Tom Kalaris and […]

Boeing’s iconic 747 vanishes in new view of passenger flight – Chicago Tribune

Boeing sees the future, and it doesn’t include jumbo passenger jets. Not its own iconic 747. Not the Airbus A380. The U.S. planemaker has dropped the category reserved for four-engine behemoths from its annual forecast for the commercial-aircraft market. Instead, Boeing predicts that airlines will use more efficient twin-engine jets for long-range flights — like […]

Pound’s bumpy Brexit: Goods and holidays up – BBC News

Pound’s bumpy Brexit: Goods and holidays up – BBC News

Image caption Clothing, energy and food are all more expensive than a year ago The pound has had a testing Brexit year – and most of us are feeling it. The devaluation of the currency, against both the dollar and the euro, has been the major event, post-referendum. Put simply, it has made things more […]

Grocery Deals and Bond Ethics – Bloomberg

Whole Foods. You can tell a sort of satisfying shareholder-activism story about Amazon.com Inc.’s acquisition of Whole Foods Market Inc. Whole Foods came under pressure from shareholder activists like Jana Partners LLC. Its chief executive officer John Mackey complained bitterly in a Texas Monthly interview about how the activists were “greedy bastards” who “just want to sell […]

39 million households are paying more for housing than they can afford – CNNMoney

39 million households are paying more for housing than they can afford – CNNMoney

Rising housing costs are putting a major squeeze on Americans. Nearly 39 million households can’t afford their housing, according to the annual State of the Nation’s Housing Report from Harvard’s Joint Center for Housing Studies. ‘; for (i = 0; i 4) { afterParagraphFour = true; } currentParagraph = storytext.childNodes[i]; heights += currentParagraph.clientHeight; if (heights […]