JPMorgan Chase & Co’s consumer banking unit said on Wednesday it was planning to open up to 90 new branches in nine top U.S. markets in the face of an intensifying competition among three of the biggest U.S. banks for loans and deposits.
New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to strong business spending on equipment at the start of the year.
The consumer banking unit of JPMorgan Chase & Co said on Wednesday that it was planning to open up to 90 new branches in nine top U.S. markets.
Ethiopian authorities have not contacted France’s air accident investigation agency about receiving the black boxes from the Boeing 737 MAX 8 which crashed near Addis Ababa, a spokesman for the BEA said on Wednesday.
The black boxes from a Boeing 737 MAX 8 plane that crashed in Ethiopia, killing 157 people, will be sent to Europe for analysis, a spokesman for Ethiopia Airlines said on Wednesday.
The decision by Airbus to scrap its A380 jet risks costing Germany as much as 750 million euros, an economy ministry report seen by Reuters showed on Wednesday.
A growing number of companies trading on China’s main over-the-counter (OTC) equity market are defecting to Shanghai’s hotly-anticipated Nasdaq-style technology board, as they follow the money.
Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, but said it hopes to see off a challenge from Nike in Europe and return to growth in the region.
Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver 5.9 billion euros ($6.7 billion)of annual savings at its core VW brand by 2023, in its latest attempt to raise profitability at its top-selling division.
Ethiopian Airlines said on Wednesday it would send the black boxes from its crashed Boeing 737 MAX abroad for expert analysis, and a Norwegian airline sought compensation after it grounded its models in the wake of the disaster.
Travel websites have begun to respond to consumer concern and the grounding of Boeing’s 737 MAX planes by changing policies and introducing new options that exclude flights on those planes from customer queries.
Standard Chartered PLC has seen the departure of at least four senior Asia-based bankers from its private banking unit in recent months, three people with direct knowledge of the matter said, amid growing earnings pressure at the business.
Boeing Co should ground all of its 737 MAX 8 jets until it is established that they are safe to fly, the chief executive of Ethiopian Airlines told the BBC on Wednesday.
Spotify has filed a complaint with EU antitrust regulators against Apple, saying the iPhone maker unfairly limits rivals to its own Apple Music streaming service.
World shares slipped on Wednesday after two days of gains amid mounting concern over world growth and trade, though the British pound rallied half a percent on optimism that lawmakers were set to rule out a no-deal Brexit.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
