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Boeing’s $14 billion Singapore Air order does not fill 777, 787 gap: CEO

February 10, 2017 by · Leave a Comment 

Boeing Co must sell more 777 and 787 jetliners to keep production plans on track, despite a $13.8 billion order that landed earlier on Thursday, its chief executive said. The order from high-profile customer Singapore Airlines is a strong endorsement of both planes, and…

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Boeing’s $14 billion Singapore Air order does not fill 777, 787 gap: CEO

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Exclusive: Blackstone to acquire Aon’s benefits outsourcing for $4.8 billion – sources

February 10, 2017 by · Leave a Comment 

Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. It also allows Aon to exit a mature, capital-intensive outsourcing business, allowing it to invest in growth areas beyond its core insurance brokerage operations, such as cyber security and health insurance.

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Exclusive: Blackstone to acquire Aon’s benefits outsourcing for $4.8 billion – sources

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Twitter numbers paint grim profitability picture

February 10, 2017 by · Leave a Comment 

For all the buzz the San Francisco company has created as the preferred platform for U.S. President Donald Trump and other high-profile figures, Twitter has lost more than $1.5 billion cumulatively since it went public in late 2013. Fourth-quarter revenue of $717 million was well

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Twitter numbers paint grim profitability picture

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U.S. Labor Department launches review of all Wells Fargo complaints

September 26, 2016 by · Leave a Comment 

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a “top-to-bottom” review of all cases, complaints and other alleged violations that…

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U.S. Labor Department launches review of all Wells Fargo complaints

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Disney, Microsoft among possible Twitter suitors: reports

September 26, 2016 by · Leave a Comment 

(Reuters) – Walt Disney Co and Microsoft Corp join a list of potential suitors for Twitter Inc, according to media reports on Monday. Twitter shares were up 2.23 percent at $23.36 in after-market trading. The microblogging service has reportedly started talks with a number of technology companies to sell itself, including Google parent Alphabet Inc and may receive a formal bid soon.

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Disney, Microsoft among possible Twitter suitors: reports

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Exclusive: SWIFT network says aware of multiple cyber fraud incidents

April 26, 2016 by · Leave a Comment 

The disclosure came as law enforcement authorities in Bangladesh and elsewhere investigated the February cyber theft of $81 million from the Bangladesh central bank account at the New York Federal Reserve Bank. SWIFT has acknowledged that the scheme involved altering SWIFT software on Bangladesh Bank's computers to hide evidence of fraudulent transfers. Monday's statement…

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Exclusive: SWIFT network says aware of multiple cyber fraud incidents