- DBK.DECNBC•2 hours ago
With the price of oil up, Jim Cramer expected Thursday to be a great day for the market. Instead, worries over Deutsche Bank (XETRA:DBK-DE), the biggest bank in Germany, had ripple effects all over the world. "So if a company like Deutsche Bank may be having real problems, and that's sure how it looks with the stock down 6.7 percent today, then several things are going to play out, and none of them are good," Cramer said.
- BusinessAmerican City Business Journals•4 hours ago
With great fanfare, American Airlines introduced new uniforms on Sept. 20. Now the outfits are giving the world's largest carrier and hundreds of its employees real headaches. Sources report that more than 400 AA flight attendants have informed their union and company management that they have broken out in hives and begun to experience itching and headaches since they first slipped into the new uniforms — the first new designs for many in the airline's employee ranks in decades.
- financeReuters•3 hours ago
"There does not appear to be any urgency to raise rates when inflation is coming up low," Kashkari said at a town hall meeting in Rapid City, South Dakota. Waiting too long to raise rates, he said, is less risky than raising rates too soon, because the Fed has the tools to tamp down inflation