Airbus appoints ATR boss as sales chief after Schulz quits
Airbus named its second new sales chief in less than a year on Thursday after chief commercial officer Eric Schulz resigned nine months after being poached from Rolls-Royce to lead the battle for jet sales against Boeing.
U.S. consumer prices rise slowly; jobless claims near 49-year low
U.S. consumer prices rose less than expected in August as increases in gasoline and rents were offset by declines in healthcare and apparel costs, and underlying inflation pressures also appeared to be slowing.
Kroger misses same-store sales estimates, shares drop 11 pct
U.S. supermarket chain Kroger Co missed quarterly same-store sales estimates on Thursday, sending shares down as much as 11 percent, as changes to the way it stocks merchandise on shelves kept some customers away from its stores, analysts said.
Amazon CEO Jeff Bezos launches a $2 billion philanthropic fund
Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday launched Bezos Day One Fund, a new philanthropic initiative, with an initial commitment of $2 billion to help homeless families and create preschools for low-income communities.
Three Italy cabin crew unions reach labor agreement with Ryanair
Unions representing three of Ryanair’s Italy-based cabin crews said on Thursday they had reached an agreement in principle for a three-year collective labor agreement, according to a statement.
Fidelity Investments winds down $3.5 billion index fund
Fidelity Investments is winding down a fund that had more than $3 billion in assets last year, with the Boston-based money manager citing an overlap in holdings of other funds used in its target-date products to explain the rare move.
Wall Street rises as Apple leads tech rebound, trade worries soften
A rise in Apple led a rebound in technology shares and boosted all three major stock indexes on Thursday, while trade worries eased after China said it was open to fresh talks with the United States.
Christian Scherer appointed Airbus chief commercial officer
Airbus said in a statement it had appointed Christian Scherer as Chief Commercial Officer, replacing Eric Schulz, who has decided to leave the company for personal reasons.
U.S. consumer regulator sues pension lender for misleading borrowers
The U.S. Consumer Financial Protection Bureau has filed suit against Future Income Payments, a Nevada company that offers cash advances in exchange for future pension benefits, which the regulator said are actually exceptionally high-interest loans.
Trump denies pressure for trade deal as China welcomes U.S. talks invite
U.S. President Donald Trump said on Thursday that the United States was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new round of talks with more U.S. tariffs looming.
