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American Air pilots, flight attendants to get pay hike

  Bloomberg American Airlines Group Inc. reversed its opposition to mid-contract pay raises as Chief Executive Officer Doug Parker moved to soothe strained labor relations at the world’s largest carrier. Aviators will receive an increase of about 8 percent as soon as next month with flight attendants getting a 5 percent bump, the world’s largest carrier said in a message ...

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Deutsche Bank’s return to growth delayed as trading trails

  Bloomberg Deutsche Bank AG’s muted gains in a particularly strong period for Wall Street trading is raising doubts about how quickly Chief Executive Officer John Cryan can recover ground lost to competitors. Europe’s largest investment bank on Thursday reported an 11 percent increase in revenue from trading bonds and currencies in the first quarter. That’s less than half the ...

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Bank of Japan cuts inflation forecast

  Bloomberg The Bank of Japan (BOJ) kept its stimulus policies unchanged while lowering its inflation forecast, underscoring that any exit from its unprecedented monetary easing remains far away. The central bank will continue to use its two policy rates and asset purchases to spur prices higher, it said in a statement Thursday. The decision was expected by almost all ...

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