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Pilots’ lawsuit could threaten airline’s growth

  New York / Bloomberg Southwest Airlines Co.’s growth plans may be jeopardized by a lawsuit filed by its pilots union over flying Boeing Co.’s newest 737 jetliner, Chief Executive Officer Gary Kelly said. The Southwest Airlines Pilots Association, representing 8,300 aviators, on Monday asked a federal court to block the carrier from flying the 737 Max until the plane ...

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GE looks to power, renewables as profits fall

  Washington / Bloomberg General Electric Co.’s top executive sees power generation and renewable energy buoying profits as the industrial giant struggles with persistent challenges in the oil and gas market. The non-petroleum energy units could boost sales by at least 10 percent this year as the company sees “strong” order prospects for equipment and services, Chief Executive Officer Jeffrey ...

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Only 40% high performers in info governance: Study

  Dubai / Emirates Business Veritas Technologies — the leader in information management — has released new research findings that illuminate the most effective information governance practices that empower organisations to extract as much value as possible out of their information while reducing related risks and costs. The study found that 94% of organisations have a formal information governance programme ...

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