Airline industry facing a massive shortfall of pilots, survey says

By 2027, CAE expects the global commercial fleet to grow by 12,000 aircraft to roughly 37,000 aircraft, meaning a total of 440,000 active pilots will be needed. There are currently 290,000 active pilots. “Asia-Pacific will see the strongest growth in pilot...

How Anne-Marie Slaughter’s article in The Atlantic transformed her life trajectory

When looking at Anne-Marie Slaughter’s career history, it’s hard not to be impressed. From working as Director of Policy Planning for the U.S. State Department, to taking on top roles at the likes of Harvard Law School and Princeton, and being the boss of...

Serial defaulter manages to sell 100-year bonds

Thanks to a stronger-than-expected peso currency, the government has increased its overall 2017 foreign currency bond issuance target to $12.75 billion from its previous plan of issuing $10 billion in international bonds, Finance Minister Luis Caputo told reporters in...

Storied tycoon Li Ka-shing reportedly plans to retire from CK Hutchison by next year

Billionaire Li Ka-shing, nearly 89 years old, plans to retire as chairman of conglomerate CK Hutchison by next year, the Wall Street Journal reported on Tuesday, citing people briefed by the storied businessman. A representative for CK Hutchison, reached by phone, was...

Target, Wal-Mart endure the aftermath of Amazon’s Whole Foods buy; stocks still falling

The fallout from Amazon’s announcement last week to acquire Whole Foods rippled through the equities market Monday. And it’s anyone’s guess as to how long the so-called the shock waves among retailers will continue. Shares of Target, Wal-Mart and...