Doug Parker, returning to the carrier where he began his career, has a vision: He sees American Airlines vaulting to the top of the industry’s major financial benchmarks just three years after the merger he orchestrated with US Airways Group Inc.
The morning of President Barack Obama’s State of the Union address on Jan. 24, Mitt Romney arrived on schedule clad in a blue suit. He stood behind a lectern framed by an overhead sign that read “Obama Isn’t Working” and delivered what aides billed as a “prebuttal” to the speech.
“Take Flight,” a new musical having its U.S. premiere at the McCarter Theatre in Princeton, New Jersey, begins with Wilbur and Orville Wright on the chilly wide expanse of beach at Kitty Hawk, North Carolina. It’s 1903, some weeks before their December flight of 120 feet.
Abraaj Capital Ltd., the Middle East’s biggest private equity firm, plans to invest part of a $2 billion fund in Southeast Asian natural resources to meet rising regional demand for coal, metals and agricultural products.
China’s naval expansion in the Pacific Ocean is poised to accelerate U.S. investment in anti- submarine warfare equipment, according to Ultra Electronics Holdings Plc, the world’s biggest supplier of sonar detectors.