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Boeing turns to staff, data to boost safety after Max crisis

  Bloomberg Boeing Co is taking steps to bolster safety and address criticism that it lacked a robust, in-house oversight program in the wake of two fatal 737 Max accidents. Even so, there’s still much to be done some three years after the twin tragedies, which killed 346 people and sparked a global grounding of the Max aircraft, plunging Boeing ...

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Wendy’s top shareholder Trian explores new deal

  Bloomberg Wendy’s Co surged in early trading after shareholder Trian Fund Management, the investment vehicle of billionaire Nelson Peltz, said it will explore a transaction that could give it control of the fast-food chain. Trian owns about 11.8% of Wendy’s stock, according to data compiled by Bloomberg. A transaction “could include an acquisition, business combination (such as a merger, ...

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Air France-KLM to sell $2.4bn new shares to repay state aid

  Bloomberg Air France-KLM plans to sell about 2.26 billion euros ($2.4 billion) of new shares to shore up its balance sheet and repay a chunk of the state aid that helped the carrier survive the Covid-19 crisis. The proceeds of the rights issue will be used to reimburse about 1.7 billion euros of subordinate bonds issued in April last ...

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