Australia’s AMP scraps short-term bonuses to avert possible board spill

Australia’s AMP scraps short-term bonuses to avert possible board spill
SYDNEY (Reuters) – Australia’s AMP Ltd (AMP.AX) on Wednesday said it will not pay short-term bonuses to most executives, a move that could help it avoid possible board removal should investors vote against its remuneration practices for the second consecutive year. FILE PHOTO: The logo of AMP adorns the head office of Australia’s biggest retail wealth manager in Sydney, Australia,... Read More

U.S. transportation chief seeks audit of Boeing 737 MAX certification

U.S. transportation chief seeks audit of Boeing 737 MAX certification
FILE PHOTO: U.S. Department of Transportation Secretary Elaine Chao speaks to the news media outside of the West Wing of the White House in Washington, U.S., March 4, 2019. REUTERS/Leah Millis (Reuters) – U.S. Transportation Secretary Elaine Chao said on Tuesday she had asked the department’s inspector general to audit the Federal Aviation Administration’s certification of the Boeing 737 MAX... Read More

Google to prompt Android users to choose preferred browsers to allay EU concerns

Google to prompt Android users to choose preferred browsers to allay EU concerns
FILE PHOTO: A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. REUTERS/Dado Ruvic/Illustration BRUSSELS (Reuters) – Alphabet’s Google will prompt Android users to choose their preferred browsers and search apps, a senior Google executive said on Tuesday, as the company seeks to allay EU antitrust concerns and ward... Read More

Trump taps former Delta executive to head aviation regulator

Trump taps former Delta executive to head aviation regulator
FILE PHOTO: A police officer stands guard outside the FAA air traffic control center in Aurora, Illinois September 26, 2014. REUTERS/Karl Plume WASHINGTON (Reuters) – U.S. President Donald Trump will nominate former Delta Air Lines executive Steve Dickson to head the Federal Aviation Administration (FAA), the White House said on Tuesday, as the aviation agency grapples with fallout from two... Read More