People who are fully vaccinated against the coronavirus can travel without exposing themselves to serious risk as long as they wear masks and take other precautions, the Centers for Disease Control and …
Read More »GE-AerCap deal would add pressure on Boeing and Airbus
Aircraft leasing companies already account for half of the world’s passenger jet fleet, and a deal combining the two biggest players is expected to have knock-on effects for airlines and the two …
Read More »GE approaches agreement to combine aircraft leasing unit with AerCap
General Electric Co. is approaching a more than $ 30 billion deal to combine its aircraft leasing business with AerCap AER of Ireland. 1.62% Holdings NV, according to people familiar with the …
Read More »Buffett’s Berkshire Hathaway bets billions on Verizon and Chevron
Billionaire Warren Buffett added two more great American brands to Berkshire Hathaway Inc.’s investment portfolio. Buffett’s conglomerate has bought $ 8.6 billion in shares of Verizon Communications Inc., the largest mobile phone …
Read More »What Delta’s big bet on blocking the middle seats to fly means
The grand experiment of locking the middle seat on airplanes has shown what we’ve known all along about air travel: More people care about a cheap fare than about comfort or even …
Read More »Bankrupt JC Penney cannot find a buyer. Why bankrupt Intelsat is buying a company.
Word size A view of the temporarily closed Jessie Penny store in San Bruno, California. Justin Sullivan / Getty Images This week’s two biggest bankruptcy stories show how the broader consequences of …
Read More »Can the Fed Cope with the Corporate Crisis? Bond investors are betting on it
The Federal Reserve has proved that it knows how to maintain credit flow in times of crisis. But bond investors now expect the Fed’s unprecedented stimulus slope around the financial markets to …
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