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Lufthansa Cancels Nearly All Flights in Frankfurt and Munich, Stranding 130,000

Business NY Times -
The cancellations were announced after 3,000 employees walked off the job to protest for better wages.  » mehr lesen

Credit Suisse Reports $1.65 Billion Loss for Second Quarter

Business NY Times -
The Swiss bank’s weak performance for the second quarter stood in contrast to more upbeat reports from European rivals Deutsche Bank and UBS.  » mehr lesen

Berkshire Hathaway-Owned Lender Pays $20 Million in Redlining Case

Business NY Times -
Trident Mortgage Company discouraged minorities in Philadelphia from applying for home loans, the authorities say.  » mehr lesen

The Democratization of Airport Lounges

Business NY Times -
No longer just for the flying elite, these havens from chaos are easier to get into now, with the crowds to prove it.  » mehr lesen

What Fed Rate Increases Mean for Mortgages, Credit Cards and More

Business NY Times -
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.  » mehr lesen

Bangladesh Seeks I.M.F. Loan as Inflation Rocks South Asia

Business NY Times -
As trade deficits widen, governments in the region struggle to import increasingly expensive diesel, gasoline and cooking gas.  » mehr lesen

Boeing Reports Drop in Profit but Sees ‘Momentum’ for Turnaround

Business NY Times -
The company said it was close to restarting deliveries of its 787 Dreamliner plane and was on track to end the year with positive cash flow.  » mehr lesen

Russia Cuts Natural Gas Flow to Germany Yet Again

Business NY Times -
Gazprom, the Russian energy giant, followed through with its plan to cut gas flows through the Nord Stream 1 pipeline to 20 percent of capacity.  » mehr lesen
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