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Delta’s profit outlook misses estimates as labour costs climb

Bloomberg Delta Air Lines Inc. forecast first-quarter profit short of Wall Street’s estimates, dragging down the carrier’s shares as higher costs deal a blow to its efforts to further capitalise on a rebound in air-travel demand. Adjusted earnings will be 15 to 40 cents a share in the period, the airline said in a statement that also detailed fourth-quarter results. ...

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China’s two state-owned airlines to delist in New York, joining exodus

Bloomberg Two of China’s largest state-owned airlines said they would give up their New York stock exchange listings, joining a raft of government controlled firms that announced their departures from US bourses last year. China Eastern Airlines Corp. and China Southern Airlines Co. stated in separate filings their intentions to apply to voluntarily delist their American depositary shares listed on ...

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Amazon HR staffers turn from hiring to seeking jobs themselves

Bloomberg With job cuts mounting across tech, finance and other industries, why wait to get fired when you can skip directly to being hired? The move, called “career cushioning,” involves lining up a plan B while still fully employed, especially when job cuts are imminent. This is usually done discreetly — perhaps a networking call taken during lunch, or taking ...

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