SpiceJet plots expansion with order for 100 new Boeing planes
NEW DELHI Indian budget airline SpiceJet said on Friday it has agreed to acquire 100 new MAX 737 aircraft from Boeing, with an option for 50 more, as part of its expansion plans in the world's fastest growing aviation market.The deal is a welcome boost for Boeing in India, where SpiceJet is the U.S. company's only major customer among the budget carriers now dominating the country's air industry."This is an extremely competitive market," Ajay Singh, SpiceJet's chairman, told a news conference ..>> view originalJPMorgan Profit Rises as Bond-Trading Revenue Beats Estimates
JPMorgan Chase & Co. said fourth-quarter profit rose 24 percent as the biggest U.S. bank set aside less money for bad loans and bond-trading revenue increased more than analysts estimated. The most important business stories of the day. Get Bloomberg's daily newsletter. Politics The latest political news, analysis, charts, and dispatches from Washington. You will now receive t..>> view originalFive Ways To Defy Debt Collectors
Debt collectors can be as aggressive as mad dogs. They just won't leave you alone and keep coming back. They may even harass you for debts you don't owe. You can fight back because you have rights under the federal Fair Debt Collection Practices Act. You don't have to suffer abuse just because you owe money. Debt collection practices are the top complaint with watchdog agencies like the Consumer Financial Protection Bureau (CFPB). According to Richard Cordray, executive director of the CFPB, who..>> view originalJPMorgan results trump estimates as election stimulates trading
By David Henry and Sweta Singh JPMorgan Chase & Co (JPM.N) reported a 24 percent rise in fourth-quarter profits on Friday, beating analyst expectations, as its Wall Street business benefited from a surge in trading activity following the U.S. election. JPMorgan, the largest U.S. lender, said earnings rose to $6.7 billion, or $1.71 per share, from $5.4 billion, or $1.32 per share, in the year-ago period. Excluding an atypical tax benefit, the bank earned $1.58 per share, well above the ave..>> view originalGeorge Soros Reportedly Lost $1 Billion After Donald Trump's Big Win
While stock markets soared to new highs following Donald Trump's election, billionaire investors George Soros lost close to a billion dollars as a result of that rally.That's according to people familiar with the matter interviewed by The Wall Street Journal.Soros, who made $1 billion by betting on the British pound's devaluation in 1992, reportedly thought markets would fall immediately following Trump's surprise November win.Soros had supported then-Democratic presidential candidate Hillary Cl..>> view originalLiberty depicted as black woman on $100 gold coin
It was a connection forged eight years ago between two daughters of an outgoing president and the new first family. Now days before they move from the home they've known for nearly a decade in which they've gone from being young children to young adults, Jenna Bush Hager and Barbara Bush have penned a letter to Sasha and Malia Obama welcoming them to the former first children club. In the letter, released first to Time magazine, the Bush daughters explain how they first met "on a cold Novembe..>> view originalCars, Gasoline Lifted US Retail Sales 0.6% in December
WASHINGTON—Americans boosted spending on cars and gasoline in December, causing overall retail sales to climb quickly despite consumer cutbacks in other areas. Retail and restaurant sales rose a seasonally adjusted 0.6% in December from a month earlier, driven by a surge in auto sales, the Commerce Department said Friday. Sales at retailers outside of autos grew 0.2% last month. And sales at retailers excluding car dealerships and...>> view originalMillennials are falling behind their boomer parents
Not so for her. Ledesma graduated from college four years ago. After moving through a series of jobs, she now earns $18,000 making pizza at Classic Slice in Milwaukee, shares a two-bedroom apartment with her boyfriend and has $33,000 in student debt. "That's not at all how life is now, that's not something that people strive for and it's not something that is even attainable, and I thought it would be at this point," Ledesma said. Her mother Cheryl Romanowski, 55, was making about $10,0..>> view originalUS wholesale prices rise 0.3 pct., led by costlier gas, food
US wholesale prices rise 0.3 pct. in December, pushed up by more expensive food, gas, cars. Jan. 13, 2017, at 9:02 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. US wholesale prices rise 0.3 pct., led by costlier gas, food. MORE.>> view originalBofA Revenue Misses Estimates as Bond Trading Ebbs at Year-End
Bank of America Corp. posted fourth-quarter revenue that missed analysts’ estimates as a 12 percent increase in bond trading fell short of predictions. Profit surged as Chief Executive Officer Brian Moynihan cut expenses.“Things tapered off at the end of the year,” Chief Financial Officer Paul Donofrio said Friday in a conference call with journalists. Fixed-income trading “did very well in the first two months of the quarter,” he said.Moynihan, 57, has been cutting costs for years while conte..>> view original
Friday, January 13, 2017
SpiceJet plots expansion with order for 100 new Boeing planes and other top stories.
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