Delta hires new finance chief from General Electric

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Delta hires new finance chief from General Electric

Delta Air Lines has hired the chief executive of GE Power Portfolio to become its next chief financial officer. Dan Janki will join the Atlanta-based carrier on July 12. He has led GE Power Portfolio, which makes equipment for electric-power plants, since October …
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'Vulture' Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers

Their organizer, Baltimore Sun education reporter Liz Bowie, dubbed the effort “Project Mayhem.” The journalists tried to secure potential buyers in numerous Tribune markets who embraced the public-minded aspirations of journalism, including the Maryland …
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KC Southern Agrees to $30 Billion CN Rail Deal, Jilting CP

Kansas City Southern agreed to a $30 billion merger with Canadian National Railway Co., scrapping a $25 billion deal with Canadian Pacific Railway Ltd. after it declined to boost its offer. Under the deal, Canadian National will pay $200 and 1.129 shares of …
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Bitcoin, Tencent, Virgin Galactic: Investments in the Spotlight

The biggest names plunged after a series of bad news cycles, starting with onetime proponent Elon Musk implying on Sunday that Tesla Inc. might have sold its crypto holdings. On Wednesday, China’s central bank reiterated that cryptocurrencies cannot be …
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Black-owned Silver Spring company chosen for Richmond casino

If Richmond, Virginia, voters approve a proposed casino in their city this fall, Silver Spring, Maryland-based Urban One will own and operate it. It would make the casino, currently named One Casino + Resort, the first majority Black-owned casino in the country …
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