thursday
JPMorgan raises Dimon’s pay 35 percent, but adds strings
January 21, 2016 by publisher · Leave a Comment
JPMorgan Chase & Co directors raised Chief Executive Jamie Dimon's total compensation by 35 percent to $27 million for 2015, a regulatory filing on Thursday showed. The company pegged Dimon's base salary at $1.5 million, the
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JPMorgan raises Dimon’s pay 35 percent, but adds strings
thursday
AmEx to cut $1 billion in costs by end of 2017
January 21, 2016 by creative · Leave a Comment
(Reuters) – Credit card issuer American Express Co said it would cut $1 billion in costs by the end of 2017 as it responds to intensifying competition in the payments industry. AmEx's shares fell 4.1 percent to $60.05 in extended trading on Thursday, after the company reported its fourth straight decline in
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AmEx to cut $1 billion in costs by end of 2017
thursday
GE moving headquarters to Boston for tech talent, tax cut
January 14, 2016 by admin · Leave a Comment
By Alwyn Scott NEW YORK (Reuters) – General Electric Co said on Wednesday it will move its global headquarters to Boston, tapping the city's technology talent and likely lowering its tax bill as the industrial conglomerate seeks to lift profit and emphasize digital capabilities. “We want to be at the center of an ecosystem that shares our aspirations” as a leader in digital-
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GE moving headquarters to Boston for tech talent, tax cut
thursday
Exclusive: Some Ambac shareholders call on CEO to quit, cite delays in paying claims – sources
January 14, 2016 by elegant · Leave a Comment
Three of Ambac Financial Group Inc's top ten shareholders are calling on its new CEO Nader Tavakoli to step down, according to people familiar with the matter. One of the reasons they give is that he is slow to settle $4 billion in insurance claims in which at least two of them have an interest, the sources said. The policy claims relate to complex financial
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Exclusive: Some Ambac shareholders call on CEO to quit, cite delays in paying claims – sources
thursday
Chipotle ‘confident’ it can stop outbreaks, shares rise
January 14, 2016 by publisher · Leave a Comment
By Lisa Baertlein and Noel Randewich LOS ANGELES/SAN FRANCISCO (Reuters) – Chipotle Mexican Grill Inc executives on Wednesday said they are confident that steps they are taking to tighten food safety at the popular burrito chain will prevent…
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Chipotle ‘confident’ it can stop outbreaks, shares rise
thursday
Brent falls to another 12-year low on oversupply gloom
January 14, 2016 by creative · Leave a Comment
By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell in Asian trade on Thursday, with Brent marking another 12-year low amid gloom over a world awash with supply and concerns about global economic growth hitting equity markets. Brent dropped as far as $29.73, the lowest since February 2004 and down more than 1.5 percent. West Texas Intermediate (WTI) erased
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Brent falls to another 12-year low on oversupply gloom
thursday
United Airlines fined $2.75 million over treatment of disabled, tarmac delays
January 7, 2016 by admin · Leave a Comment
The U.S. Transportation Department said it fined United Airlines $2.75 million on Thursday for breaking rules protecting air travelers with disabilities and prohibiting long tarmac delays. The airline, part of United Continental Holdings Inc, was also ordered not to break those rules in future, the department said in a statement.
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United Airlines fined $2.75 million over treatment of disabled, tarmac delays