Lufthansa Pilots to Strike Wednesday in Walkout Over Pay
Deutsche Lufthansa AG canceled 64 flights at its Eurowings division due to a strike by cabin crew as the German carrier braces for more severe disruption on Wednesday when its mainline pilots plan to walk out.On Tuesday, Eurowings flights to and from Dusseldorf and Hamburg were canceled due to strikes called by the flights attendants’ union Ver.di, according to the Lufthansa unit’s website. Delays may also occur, and further cancellations cannot be ruled out, Hamburg airport said on its website..>> view originalRecord highs for Wall Street quartet send other stocks higher
LONDON World stocks on Tuesday rode the slipstream of the first joint all-time high for Wall Street's four main markets since 1999, while oil prices hit their highest level since October.A powerful earthquake hitting the same part of Japan that suffered a nuclear disaster in 2011 nudged up the safe-haven yen. The dollar slipped off a six-month high as the rally in oil and metals prices also drove up commodities-linked currencies such as the Australian dollar. [FRX/] Asia's top bourses had made..>> view originalFind hot Black Friday deals online -- same as stores
Courtney Jespersen, NerdWallet 6:26 a.m. EST November 22, 2016 Now you know just when to hit the store's for 2016's Black Friday. Buzz60's Keleigh Nealon (keleighnealon) has the story! Buzz60Shoppers line at the counter of a Target store in Queensbury, New York(Photo: ANDREW GOMBERT, EPA)More consumers are expected to shop online for gifts this holiday season, which is coaxing retailers to make sure their best Black Friday deals aren't just offered in stores.Many sales will ..>> view originalNigerian Farmers, Fishermen Sue Shell in UK Over Pollution
LONDON — Emere Godwin Bebe Okpabi, leader of Nigeria's Ogale people, unpacked four bottles of water from his homeland and lined them up on a table to show why his subjects are suing Royal Dutch Shell in a London court.The Nigerian water is contaminated with oil and cancer-causing compounds such as benzene. It's what his people drink every day.Britain's High Court will begin hearing lawsuits on Tuesday filed by the Ogale and Bille people alleging that decades of oil spills have fouled the water..>> view original'Ned' Johnson stepping down as Fidelity chairman
Edward C. “Ned” Johnson 3rd, widely considered a giant of the investing world, will retire next month as chairman of Fidelity Investments, a Boston firm he took over from his father 39 years ago and built into a powerhouse that oversees the retirement savings of 25 million Americans.Johnson, 86, will hand full control of Fidelity to his daughter, Abigail P. Johnson, who was promoted to chief executive in 2014, the company said Monday. In an e-mail to employees, Edward Johnson said this was a “..>> view originalEMERGING MARKETS-Emerging assets bounce as Treasury selloff pauses
LONDON Nov 22 Emerging market equities rose more than one percent to 11-day highs on Tuesday, helped by a broad commodity and equity rally and a pause in the rise of U.S. bond yields and the dollar.Expectations of inflation stemming from President-elect Donald Trump's future fiscal policies have fed through to U.S. bond yields and pushed the dollar to near 14-year highs. That in turn has weighed heavily on emerging markets.But with 10-year bond yields some 10 basis points off highs hit earlier..>> view originalTrump overseas business interests subject to new scrutiny
A CNN review of Trump's most recent financial disclosures show the President-elect has about 150 companies that have had dealings in at least 25 countries outside of the US, including Turkey, China, Saudi Arabia, and Azerbaijan. Those business interests have ranged from beverage sales in Israel to golf course developments in the UAE. Although the location of some of Trump's foreign business deals could overlap with future foreign policy decisions, many of Trump's foreign business ties involve li..>> view originalDonald Trump Plans a Pre-Thanksgiving Meeting With The New York Times
Meeting with The Times is abruptly canceled.With reporters and editors set to go, the president-elect announced via Twitter around 6 a.m. that he would not be taking questions from editors and reporters with The New York Times, which were to be mostly on the record, unlike his meeting with television news executives on Monday. I cancelled today's meeting with the failing @nytimes when the terms and conditions of the meeting were changed at the last moment. Not nice — ..>> view originalVolkswagen puts conquering Americas at heart of turnaround plan
By Andreas Cremer | WOLFSBURG, Germany WOLFSBURG, Germany Volkswagen (VOWG_p.DE) is putting the Americas at the heart of the turnaround plan for its core VW brand, pinning its hopes on new higher-margin SUVs and electric cars to rebuild its image following the diesel emissions cheating scandal.Europe's biggest carmaker is battling to recover from the biggest business crisis in its history after admitting last year to cheating U.S. diesel emissions tests. Key to this will be a turnaround plan..>> view originalTransasia: Taiwan airline shuts after crashes
Image copyright EPA Taiwanese airline Transasia is shutting down after two fatal crashes and heavy losses.The carrier, which flew to cities in China, Japan and south east Asia, said it had not been able to raise more money or turn around its finances.Transasia, Taiwan's third largest airline, had already cancelled all flights on Monday.Earlier this year, regulators ordered it to review safety protocols and pilot training to cut "imminent risks".Those recommendations, from the country's Avia..>> view original
Tuesday, November 22, 2016
Lufthansa Pilots to Strike Wednesday in Walkout Over Pay and other top stories.
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