Boeing 737 program manager to retire amid crisis over jet's grounding, memo says

Boeing continues to face scrutiny after DOJ reportedly extends 737 Max probe Wall Street Journal aviation reporter Andrew Tangel on the report that the DOJ is extending its investigation beyond the Boeing 737 Max jet and will be investigating the 787 Dreamliner. Boeing’s 737 jet program manager, Eric Lindblad, will retire in a matter of weeks after roughly 12 months […]

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Wealth manager IOOF hit with class-action lawsuit

Australia's second-largest wealth manager, IOOF Holdings, was sued on Friday by shareholders who alleged the company engaged in deceptive conduct and breached sharemarket disclosure obligations. The class-action lawsuit is the ninth against a major financial firm since the banking royal commission last year uncovered widespread misconduct in Australia's financial system, including charging customers fees for no service and deception of […]

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The vanishing middle manager

Can business schools re-invent their role, asks Ajit Balakrishnan.Illustration: Dominic Xavier/Rediff.com Business schools are in such a period of boom — with the leading ones struggling to deal with the flood of applicants and leading recruiters coming through with eye-popping sums as starting salaries for their students — that it is easy to ignore some worrying signals, which could threaten […]

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