American Airlines asks court to end ‘devastating’ slowdown by unions

FILE PHOTO: American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., May 10, 2019. Photo taken May 10, 2019. American Airlines/Handout via REUTERS (Reuters) – American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics’ Continue Reading

U.S. recession odds rise to 40-45% in six months: DoubleLine’s Gundlach

(Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months have risen to 40-45% and the odds were 65% within the next year. FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents Continue Reading