Jean Pierre Mustier has a mandate to change UniCredit SpA and is wasting none of it. Five months after taking the reins of the Italian lender, the CEO unveiled a mammoth capital raising and a new business plan on Tuesday. The hope is that this covers the cost of UniCredit’s past mistakes. It doesn’t yet provide a sustainable business ...

  Stress, I’ve long suspected, may explain why lifespans have been lengthening for high-income Americans but have remained the same or even shortened for low-income and middle-income people. A new analysis from the Hamilton Project released today adds important evidence: Biomarkers of stress have risen much more rapidly for low-income people than for high-income ones. The most recent national data ...

  Bloomberg JetBlue Airways Corp. plans to reduce annual costs by as much as $300 million by 2020 after efforts to boost revenue over the past two years have done better than the company expected. The largest share of savings — as much as $125 million — will come in aircraft maintenance operations, with additional cost reductions being generated by ...