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Can finance industry be trusted this time?

Like the rest of us, the world’s finance industry is still wrestling with the huge uncertainty of a pandemic that doesn’t yet have an end. The sector’s reputation took a battering after the financial crisis, and it’s too early to say how things will go this time. One area in the spotlight is insurance, with myriad claims being pursued by ...

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Virus new hurdle for Mall of San Juan in Puerto Rico

Bloomberg The grand opening of the Mall of San Juan was a celebration of Puerto Rico’s rosy future. There was confetti, a bomba band and roving politicians, including the governor and the mayor, glad-handing under the atrium’s blue-tinged skylight. “There was so much enthusiasm,” says Alberto Baco Bague, the secretary of economic development and commerce, who was in attendance that ...

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FAA workers say top managers show pro-Boeing bias

Bloomberg Front-line aviation safety specialists for the US government say they fear industry concerns come first, and that senior managers aren’t held accountable for pro-business decisions, according to the results of an employee survey. Surveys and focus groups of Federal Aviation Administration employees conducted in the wake of two fatal crashes of the Boeing Co 737 Max found widespread concern ...

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