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JPMorgan wary over GE jet leasing portfolio churn

Bloomberg General Electric Co.’s jet-leasing business, often called the “crown jewel” of its financial arm, drew some fresh criticism from one of the top analysts covering the stock. J.P. Morgan analyst Stephen Tusa said the unit has been selling off aircraft and buying new ones in a manner that is leaving it with lesser quality assets, as it tries to ...

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Outside-the-mall retailers defy industry gloom in Amazon era

Bloomberg The US retail sector is looking just fine for 2019 — as long as it’s not inside a shopping mall. Shares of Target Corp. and Kohl’s Corp. jumped after both retailers gave optimistic profit projections for the current year. The companies, which traditionally occupy big-box locations in strip malls, are showing how to defend market share in the age ...

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Crew recording on doomed Amazon cargo jet reflects aircraft’s loss of control

Bloomberg Recorded conversations by pilots on a cargo jet carrying packages for Amazon.com Inc. that crashed last month near Houston reveal they began losing control of the aircraft about 18 seconds before it slammed into a shallow bay, investigators said. The communications captured on the cockpit sound recorder were “consistent with a loss of control of the aircraft,” according to ...

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