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Danske in historic management shift after 6 top people leave

Bloomberg As Danske Bank A/S struggles through its worst crisis this century, it’s also undergoing an historic shift in its upper ranks. Denmark’s biggest bank has lost six of its highest-ranking people since December, including its chief executive officer, its chief financial officer, its general counsel and its heads of international banking and wealth management. The bank’s chairman has signaled ...

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Delta sees $30mn hit on Hurricane Florence flight cancellations

Bloomberg Delta Air Lines Inc. is taking a $30 million blow from Hurricane Florence. The hit to pretax earnings amounted to a 0.5 percentage point drag on total revenue for each seat flown a mile last quarter, the Atlanta-based airline said in a statement. The closely followed financial gauge probably climbed about 4 percent to 4.5 percent last quarter, the ...

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Hopper valued at $750 million, showing airfare prediction pays

Bloomberg Trying to predict the price of plane tickets has become something of a parlour game for companies looking to stand out in the online travel business. Microsoft Corp gave it a shot with Bing Travel before abandoning the feature several years ago. Kayak offers its own buying advice tool, with a warning that draws comparisons to the reliability of ...

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