NAB takes another billion-dollar hit as royal commission customer-remediation costs double

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NAB takes another billion-dollar hit as royal commission customer-remediation costs double

NAB has more than doubled the cost of compensating customers for years of misconduct to more than $2 billion. Key points: NAB’s new provisions relate largely to reimbursing customers more than a third of $1.3b in fees paid to self-employed wealth advisors …
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'I was just doing my job': Airline employee who stopped spinning catering truck shares story

The man who intercepted a runaway cart at Chicago’s O’Hare International Airport on Monday has spoken out about the almost-hazardous incident. “I was just doing my job,” Envoy ramp instructor Jorge Manalang said in a statement. Envoy, a subsidiary of …
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Amazon Moving Ahead With Plans For Physical Grocery Stores: Report

Amazon (AMZN – Get Report) is moving ahead with plans to open a chain of U.S. grocery stores starting in cities such as Los Angeles, Chicago and Philadelphia, The Wall Street Journal reported Tuesday. People familiar with the matter told the Journal that …
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New Seats And New Onboard Lounge: First Look At The New Qantas A380 Interiors

Qantas took delivery of its first Airbus A380 superjumbo jet back in September 2008. The Australian airline now has 12 of the double-deckers in its fleet and is undertaking a massive, multimillion-dollar upgrade to their interiors, including the installation of new …
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Staples Center, meet the Greek: Merger creates world's No. 1 venue management company, based in LA

The world’s largest venue management company will take shape in Los Angeles after a merger between the global firm that owns Staples Center and hosts the Emmys and a business that manages entertainment spaces including the Greek Theatre.
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