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Jet Airways Grounds Two-Thirds of Fleet after Financial Turbulence

According to Bloomberg, Jet Airways India has been forced to ground two-thirds of its fleet because it has not been able to pay its lessors. read more

Hercules Capital CEO Steps Down After Charge in College Admissions Scheme

Hercules Capital CEO Manuel Henriquez has voluntarily stepped aside as the firm’s chairman and CEO. According to Bloomberg, the news comes in the wake of Henriquez’s indictment by federal authorities because of his alleged involvement in the college admissions cheating scandal. read more

J.P. Morgan: GE Jet Leasing Unit May Already be in ‘Liquidation Mode’

J.P. Morgan analyst Stephen Tusa believes General Electric’s jet-leasing business has already entered liquidation territory, according to an article in Bloomberg. read more

Bloomberg: Negative Interest Rates Are Sign of Desperation

Bloomberg explains why central banks are resorting to negative interest rates and evaluates the impact. read more

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