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Credit Suisse’s COO resigns after spying scandal probe

Bloomberg Credit Suisse Group AG exonerated Chief Executive Officer Tidjane Thiam as one of his key allies took the fall for a corporate spying scandal that shook Zurich’s financial elite and tainted the bank’s reputation. Chief Operating Officer Pierre-Olivier Bouee, the CEO’s chief lieutenant at three companies for more than 10 years, stepped down after ordering detectives to shadow former ...

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Boeing 737 Max may not return until March

Bloomberg Pilots at Southwest Airlines Co, the largest operator of the beleaguered Boeing Co 737 Max, warned that the grounded plane may not resume commercial flights until as late as March. The carrier’s internal plans call for the Max to carry its first paying customers 45 to 60 days after US regulators lift a no-fly order on the plane, Greg ...

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Holiday shoppers weighing carbon footprint in delivery

Bloomberg Mother Nature is figuring into consumers’ holiday spending plans this year. The environmental impact of fast-delivery options, which may include using planes and shipping multiple items separately, is a concern resonating with Americans, according to Accenture’s Annual Holiday Shopping Survey. Half of respondents said they’d choose options that leave a smaller carbon footprint, such as slower shipping or in-store ...

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