Thursday, February 28, 2019

Jet Airways founder Naresh Goyal agrees to step down as chairman: Sources

Jet Airways founder Naresh Goyal agrees to step down as chairman: Sources Saddled with a billion dollars in debt, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months. Lessors have grounded more than a dozen of its planes pending payment of dues.

from Moneycontrol Business News https://ift.tt/2H3HZOy

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...