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Louisiana could cut royalties on oil produced on state lands
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Monday, September 22
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SRN News
MacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs
NEW YORK (AP) — Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, as the nation’s largest private provider of scholarships to Black students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities. The gift is ...
Monday, September 22
by
SRN News
Spirit Airlines to furlough 1,800 flight attendants amid second bankruptcy
Spirit Airlines plans to furlough 1,800 flight attendants before the end of the year, the cash-strapped budget carrier said Monday. The company said it made the “difficult decision” to put cabin crew members on temporary leave to match staffing needs with expected flight demand during ...
Monday, September 22
by
SRN News
JPMorgan hires senior bankers to expand mid-cap investment banking
(Reuters) -JPMorgan Chase hired three senior bankers on Monday to strengthen its mid-cap investment banking team and expand its presence in the dealmaking space. Rohan Juneja, Ryan Lake and Lauren Vitale will join a team of over 250 bankers dedicated to mid-sized companies and investors, ...
Monday, September 22
by
SRN News
Spirit Airlines to furlough 1,800 flight attendants amid second bankruptcy
Spirit Airlines plans to furlough 1,800 flight attendants before the end of the year, the cash-strapped budget carrier said Monday. The company said it made the “difficult decision” to put cabin crew members on temporary leave to match staffing needs with expected flight demand during ...
Monday, September 22
by
SRN News
State inspectors align with Universal’s findings that roller coaster was working right when man died
ORLANDO, Fla. (AP) — State investigators looking into the death of a 32-year-old man after he rode on a Universal Orlando Resort roller coaster said Monday that their initial findings align with that of the theme park’s leaders who say the ride was working ...
Monday, September 22
by
SRN News
Rivals Compass and Anywhere Real Estate to combine in deal valued at $10 billion including debt
Two of the nation’s biggest real estate services companies are combining in a deal that will bring Century 21, Compass and several other major brokerage brands under the same umbrella. New York-based Compass has agreed to acquire rival Anywhere Real Estate in an all-stock transaction ...
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Monday, September 22
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SRN News
Supreme Court will weigh expanding Trump’s power to shape agencies by overturning 90-year-old ruling
WASHINGTON (AP) — The Supreme Court said Monday it will consider expanding President Donald Trump’s power to shape independent agencies by overturning a nearly century-old decision limiting when presidents can fire board members. The justices have allowed the Republican president to carry out some ...
Monday, September 22
by
SRN News
Reverse brain drain: governments hope to lure talent after US visa change
By Heejin Kim, Eduardo Baptista and Cynthia Kim SEOUL/BEIJING (Reuters) -Countries including South Korea are aiming to take advantage of tougher U.S. immigration policy to lure foreign scientists and engineers, boosting their domestic industries and reversing an exodus of talent. On Friday, U.S. President Donald Trump ...
Monday, September 22
by
SRN News
Factbox-More companies adopt co-CEO structure
(Reuters) -Enterprise software maker Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was named vice chair of the board after 11 years at the helm. Although the standard practice is to have a single chief executive, ...
Monday, September 22
by
SRN News
Bank of America names Iles, Poensgen to lead EMEA dealmaking
(Reuters) -Bank of America has appointed Geoff Iles and Lukas Poensgen as the co-heads of its mergers and acquisitions business in Europe, the Middle East and Africa, according to a memo seen by Reuters on Monday. The duo will replace Eamon Brabazon, who was late ...
Monday, September 22
by
SRN News
Irth Capital taps former US ambassador to Qatar as president and partner
(Reuters) -Timmy Davis, the former U.S. ambassador to Qatar, has joined Irth Capital Management as president and partner, the global alternative asset management firm said on Monday. A three-decade veteran in foreign policy and diplomacy, Davis served as the U.S. envoy to Qatar, which Washington ...
Monday, September 22
by
SRN News
The White House says it blocked US Steel’s decision to stop processing steel at Illinois plant
HARRISBURG, Pa. (AP) — The White House said Monday that it intervened under the terms of a three-month-old national security agreement with Japan-based Nippon Steel to block a decision to stop processing raw steel at U.S. Steel’s Granite City Works plant in Illinois. In a ...
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