Pay Attention to These 4 Rumors Going Around Wall Street By

By Staff Traders were back to their selling ways on Thursday, as the slipped another 2.1%. Despite the selling pressure, several rumors made their way across Wall Street today. Below we highlight a few of them: 1. Cano Health Inc (NYSE:) was back in the rumor mill on word the auction of the company … Read more

​Boeing and Former CEO to Pay $200 Million and $1 Million to Settle SEC Charges By

© Reuters. By Davit Kirakosyan Today, The Securities and Exchange Commission charged The Boeing Company (NYSE:) and its former CEO, Dennis A. Muilenburg, with making materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019. According to the SEC’s orders, after the first crash, Boeing and Muilenburg knew that the Maneuvering Characteristics … Read more

SpiceJet Shares Slide 4% As 80 Pilots Sent on Leave Without Pay, ‘Morale Impacted’

By Malvika Gurung — The financially beleaguered airline company SpiceJet (NS:) has sent 80 of its pilots on a leave without pay for three months to cut costs. The Gurugram-based company has taken the decision to rationalize cost and pilot strength at par with its fleet size. Sources privy to the matter have stated that … Read more

SpiceJet places nearly 80 pilots on leave without pay for 3 months

New Delhi, Sep 20 (IANS) In a temporary measure to rationalise cost, airline SpiceJet has decided to place nearly 80 pilots on leave without pay for a period of three months. “This measure, which is in line with SpiceJet’s policy of not retrenching any employee which the airline steadfastly followed even during the peak of … Read more