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☆ Jimmy Buffett Was More Than Beaches and Booze
▼ + stars: | 2023-09-02 | by ( Jon Pareles | More About Jon Pareles | ) www.nytimes.com time to read: +2 min

Jimmy Buffett built a pop-culture empire on the daydream of “wastin’ away again in Margaritaville”: just hanging out on a tropical beach, drink in hand, a little wistful but utterly relaxed. Buffett leveraged it into a major brand for restaurants, resorts, clothing, food and drink, as well as a perpetual singalong on his robust touring circuit, where his devoted fans — the Parrot Heads — gathered eagerly in their Hawaiian shirts. Buffett cannily marketed his good-timey image; it made him a billionaire. He came up with wry song premises like the one behind “Cheeseburger in Paradise,” which starts as the lament of an attempted vegetarian who can’t resist carnivorous impulses. But Buffett’s songwriting wasn’t all smiley and one-dimensional.

Persons: Jimmy Buffett, wastin ’, “, ”, Buffett, Buffett cannily, Kenny Chesney, Alan Jackson, Zac Brown, I’ve Locations: Margaritaville ”, Paradise, “, Paris

☆ Jimmy Buffett, legendary 'Margaritaville' singer, dies at 76
▼ + stars: | 2023-09-02 | by ( Henry Austin | Phil Helsel | ) www.cnbc.com time to read: +4 min

Jimmy Buffett of Jimmy Buffett and the Coral Reefer Band performs during the 2022 New Orleans & Jazz festival at Fair Grounds Race Course on May 08, 2022 in New Orleans, Louisiana. Jimmy Buffett, the singer-songwriter who drew millions of fans with his folksy tales of living and loving on tropical sandy beaches, frozen concoction in hand, died Friday night. But it was in Key West, Florida, in the 1970s that Buffett "found his true voice," according to his website. As time went on, Buffett also appeared on TV, movies and his work became a musical. There was also a Broadway show based on Buffett's music, " Jimmy Buffett's Escape to Margaritaville," which debuted in 2017.

Persons: Jimmy Buffett, Jimmy, Buffett, Hank Williams, Alan Jackson, —, Jerry Jeff Walker, margarita, Tom Selleck, Jimmy Buffett's, Joe Merchant, Jane Slagsvol, Cameron, — Christopher Cichiello Organizations: Reefer, Orleans & Jazz, Forbes, Alabama's Auburn University, University of Southern, Billboard Magazine, Key West, University of Miami, Men's, Associated Press Locations: Orleans, New Orleans , Louisiana, Pascagoula , Mississippi, University of Southern Mississippi, New Orleans, Nashville , Tennessee, Key West , Florida, South Florida, Margaritaville, Pitcairn, Savannah

☆ In Key West, Where Buffett Met His Muse, the Tributes Flow
▼ + stars: | 2023-09-02 | by ( Nancy Klingener | ) www.nytimes.com time to read: +1 min

A small shrine of flowers appeared in front of Margaritaville in Key West, Fla., on Saturday. For residents of the southernmost city in the continental United States, Saturday was a day to mourn and toast the singer who died at 76 on Friday and who, with his 1977 anthem “Margaritaville,” made himself and his onetime home famous. Key Westers posted tributes on social media, dropped well-wishes at the Margaritaville restaurant and store — the Buffett businesses that started here and expanded into an empire of hotels, products like Landshark Lager, and more — and started planning a celebration of Mr. Buffett’s life for Sunday, starting at, naturally, 5 p.m. “It’s Five O’Clock Somewhere” was a chart-topping country duet Mr. Buffett recorded with the singer Alan Jackson in 2003. Megan Burgess, 55, learned of the singer’s death when a friend texted her at 5:35 a.m. She has lived in Key West for 10 years and first visited 20 years ago — because of Mr. Buffett’s music. She fell in love with the island and started returning every year.

Persons: Jimmy Buffett’s, “, ”, Westers, Buffett, Alan Jackson, Megan Burgess Organizations: Historic, Buffett, Sunday, Key West Locations: Key West, Fla, United States, Key

☆ Australia regulator sues Qantas alleging sale of tickets on cancelled flights
▼ + stars: | 2023-08-31 | by ( Byron Kaye | ) www.reuters.com time to read: +3 min

Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, November 6, 2018. REUTERS/Phil Noble//File Photo Acquire Licensing RightsCompanies Qantas Airways Ltd FollowSYDNEY, Aug 31 (Reuters) - Australia's competition regulator sued Qantas Airways (QAN.AX) on Thursday, accusing it of selling tickets to thousands of flights after they were cancelled, putting the airline at risk of huge fines and reputational turbulence. The airline kept selling tickets for an average of 16 days after it had cancelled flights for reasons often within its control, such as "network optimisation", the ACCC added. Qantas kept selling tickets to one Sydney-to-San Francisco flight 40 days after it had been cancelled, the regulator said. At the Senate hearing, Joyce confirmed Qantas had written to the federal government in 2022 asking it to deny a request from Qatar Airways, a Qantas competitor on international routes, to increase flights to Australia.

Persons: Phil Noble, Rico Merkert, Alan Joyce, Joyce, Gina Cass, Gottlieb, Byron Kaye, Poonam, Shailesh Kuber, Rashmi Aich, Gerry Doyle, Edmund Klamann Organizations: Qantas, Melbourne International Airport, REUTERS, Rights Companies Qantas Airways Ltd, SYDNEY, Qantas Airways, Australian Competition, Consumer Commission, ACCC, Sydney University's Institute of Transport, Logistics Studies, Australia, Senate, Qatar Airways, Qatar, Thomson Locations: Melbourne, Australia, Sydney, Francisco, Bengaluru

☆ Australia's Qantas delivers record profit, reveals plans to increase international fleet
▼ + stars: | 2023-08-24 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +2 min

Phil Noble | ReutersAustralia's flagship carrier Qantas Airways reported a record annual profit on Thursday as demand for air travel continues to boom post-pandemic, with the airline announcing a share buyback and plans to bring more planes to the sky. Stock Chart Icon Stock chart iconDemand for domestic and international flights have made steady recovery since the pandemic, and the airline is set to increase its fleet. Shares of Qantas closed more than 1% higher on Thursday. "We have a commitment to over 170 aircrafts over the next decade, and that allows us to renew our domestic and international fleet," Joyce said. watch nowNew flight routes are also in the works, with long-haul direct flights from Sydney to London and New York set to take off in 2025.

Persons: Phil Noble, Alan Joyce, CNBC's, Joyce Organizations: Transport Workers, Union, Qantas, Reuters Australia's, Qantas Airways, Airbus, Boeing Locations: Sydney, London, New York

☆ Qantas CEO says its results are back to 'record levels of profitability'
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQantas CEO says its results are back to 'record levels of profitability'Alan Joyce of the Australian airline says it's been able to reward its employees with bonuses, adding that it's investing "very heavily" for its customers, with new aircraft arriving every three weeks.

Persons: Alan Joyce, it's Organizations: Qantas

☆ Qantas focuses on international capacity recovery after record annual profit
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

"Travel demand is incredibly robust and we've taken delivery of more aircraft and opened up new routes to help meet it," Qantas Group CEO Alan Joyce said. Qantas said its group domestic capacity is expected to remain above pre-COVID levels throughout fiscal 2024. Additionally, its profit was helped by the completion of the group's A$1 billion recovery programme launched in 2020, in the wake of the COVID-19 pandemic. The results beat the mid-point of Qantas' profit outlook of A$2.43 billion to A$2.48 billion, nearly A$850 million higher than its 2018 record levels of A$1.60 billion. The company, however, did not announce a final dividend, continuing the trend of non-payment for the past three years.

Persons: Loren Elliott, Alan Joyce, Refinitiv Eikon, Roushni Nair, Archishma Iyer, Shailesh Kuber, Sherry Jacob, Phillips Organizations: Qantas, Sydney Airport, REUTERS, Australia's Qantas Airways Ltd, Thomson Locations: Sydney, Australia, Bengaluru

☆ Qantas unveils new livery in support for Indigenous referendum
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Aug 14 (Reuters) - Qantas (QAN.AX) on Monday unveiled plans for some aircraft to carry special livery supporting recognition of Aboriginal and Torres Straits Island people in Australia's constitution, stepping into the divisive debate on Indigenous rights. Australians will vote in a landmark referendum later this year on whether they support altering the constitution to include a "Voice to Parliament", an Indigenous committee to advise parliament on matters affecting First Nations people. Support for the proposal has been dipping in recent months, according to opinion polls. The national carrier said livery featuring a 'Yes23' logo, asking Australians to vote Yes in the referendum, will be carried on three aircraft: a Qantas Boeing 737, a QantasLink Dash 8 Turboprop and a Jetstar Airbus A320. In addition to the Yes livery, Qantas will support the Yes23 campaign teams with travel so they can engage with regional and remote Australians ahead of the referendum, the company said in a statement.

Persons: Alan Joyce, Anthony Albanese, Praveen Menon, Lincoln Organizations: SYDNEY, Qantas, Torres Straits, Qantas Boeing, Jetstar Airbus, Nations, Thomson Locations: Australia

☆ Unilever quarterly sales beat estimates, boost shares
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/Illustration/File PhotoSummaryCompanies Underlying sales, price, volume growth beat forecastsPast peak cost inflation -finance chiefFocus is on volume growth -finance chiefShares jump 5%LONDON, July 25 (Reuters) - Unilever (ULVR.L) on Tuesday beat underlying sales growth forecasts after again raising prices to offset higher costs, boosting shares in the maker of Dove soap and Ben & Jerry's ice cream. The British company reported a 7.9% rise in underlying second-quarter sales, beating analysts' average forecast of 6.4%, a company-provided consensus showed. The company said it expects underlying sales growth for the full year to be above 5%, ahead of its multi-year range, with underlying price growth continuing to moderate through the year. Unilever said the percentage of its "business winning market share" had reduced to 41%. The metric assesses what percentage of the company's revenue is coming from areas in which it is gaining market share on a rolling 12-month basis.

Persons: Dado Ruvic, Hein Schumacher, Alan Jope, Jochen Kurz, Alan, Kurz, Graeme Pitkethly, Janus Henderson, Bernstein, Bruno Monteyne, Hein Schumacher’s, Richa Naidu, Jason Neely Organizations: REUTERS, Unilever, British, Kurz, Rivals, Nestle, Thomson Locations: Russia, Ukraine

Moscow's actions highlight the vulnerability of other consumer products companies that still have operations in Russia, some of which have announced plans to leave. "The second option is to sell the business, but the reality is, we have not found a viable solution that meets our stated objectives." The company, which owns the Knorr soup and Dove soap brands, employs over 3,000 people in Russia. In March 2022 Unilever became the first major European food company to stop imports into and exports out of Russia after the country's invasion of Ukraine. Former CEO Alan Jope said at the time "volumes in our Russian business are down significantly, by double digits".

Persons: Hein Schumacher, Schumacher, Knorr, Alan Jope, Richa Naidu, Jason Neely Organizations: Unilever, Danone, Carlsberg, Thomson Locations: Russia, Russian, Ukraine

☆ Serving 'lunch' before midnight — and other ways airlines can help reduce jet lag
▼ + stars: | 2023-06-22 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +4 min

They also kept a daily health log before, during and for two weeks after test flights, it said. It means you start reducing the jetlag straight away," he said in a statement after the first test flight was conducted. For now, Postnova said, travelers shouldn't wait until they land to combat jet lag — rather, they should start the process as soon as their flight departs. An onboard 'wellbeing zone'The jet lag research is being conducted while Qantas awaits 12 Airbus 350 aircraft it ordered in May 2022. Passengers exercise during a Qantas test flight from New York to Sydney on Oct, 19, 2019.

Persons: University of Sydney's Charles Perkins, David Gray, Svetlana Postnova, Postnova, Alan Joyce, James D, Peter Cistulli, Joyce Organizations: Qantas, University of Sydney's, University of Sydney's Charles Perkins Centre, Volunteers, Flight, Getty, CNBC, Morgan, University of Sydney, New, Flyers, Airbus Locations: Sydney, New York City, London, New York

But the plunge in the deal pipeline prompted soul-searching and job-hopping among investment bankers accustomed to a feast. Barclays, which has struggled to retain bankers following a shake-up in the management of its investment banking division, has lost at least nine top technology bankers in recent weeks. Traditionally, smaller firms have been reluctant to offer investment bankers guaranteed compensation, in order to have more of their pay tied to performance. Alan Johnson, managing director of compensation consultancy Johnson Associates, said that first-year guarantees were common practice in the hiring of investment bankers, but second-year guarantee used to be rare. "You get paid a higher percentage of revenue than in a big bank, but you have to generate the revenue with perhaps less help," Johnson said.

Persons: Goldman Sachs, Sam Britton, Britton, Anthony Keizner, Goldman, Nick Pomponi, Rob Chisholm, Troy Broderick, Goldman's, Perella Weinberg, Laurence Braham, Richard Hardegree, Steve Markovich, Ron Eliasek, Jason Auerbach, Alan Johnson, Johnson, Milana Vinn, Anirban Sen, Greg Roumeliotis, Jamie Freed Organizations: YORK, Goldman, Bank of America, Barclays, Qatalyst Partners, Jefferies Financial, Technology, LSEG, Intelligence, Search, Evercore, UBS, Centerview, Jefferies, SVB Securities, Bank, Reuters, Johnson Associates, Thomson Locations: Qatalyst, New York

☆ Trying to cure jet lag? Try chili, chocolate, and stretching.
▼ + stars: | 2023-06-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The Australian airline Qantas is conducting test flights to find a cure for jet lag on long flights. Researchers for the Australian airline Qantas are working to find a cure for jet lag — and the answer may be on your plate. Project Sunrise flights offered "specific menu items including fish and chicken paired with fast-acting carbohydrates, as well as comfort foods like soups and milk-based desserts. The aim was to promote the brain's production of the amino acid tryptophan ('Tryp') to help passengers drift off more easily." Insider previously reported eating tart cherries, watermelon, and cucumbers may help air passengers sleep and wake easier and fight jetlag.

Persons: —, University of Sydney's Charles Perkins, Alan Joyce, James D Morgan, jetlag, Peter Cistulli, Cistulli Organizations: Australian, Qantas, Service, University of Sydney's, University of Sydney's Charles Perkins Centre, Sunrise, Qantas Passengers, Passengers, Sleep, University of Sydney Locations: New York, London, Sydney, Australia

☆ Take a look at the world's first 'wellbeing zone' for economy passengers on the planes that will fly nonstop for 22 hours from London to Australia
▼ + stars: | 2023-06-16 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Qantas has unveiled a "wellbeing zone" for its much-hyped Project Sunrise flights. Virtual rendering of what the Qantas "wellbeing zone" will look like. QantasThe "wellbeing zone" will sit between the economy and premium-economy classes. Qantas Wellbeing Zone. Qantas seats.

Persons: Alan Joyce Organizations: Qantas, Morning, Qantas Airways, Singapore Airlines Locations: Sydney, New York, London, Australia, Singapore Airlines ', York, Singapore

☆ Ultra-long-haul flights are coming back. Qantas wants to break the record
▼ + stars: | 2023-06-15 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

On Wednesday, Qantas launched service between New York and Sydney with a stop in Auckland, New Zealand, on Boeing 787 Dreamliners, instead of a previous stop in Los Angeles. But the Australian carrier is focusing on even longer routes: Nonstop flights from Sydney to New York and London. Flights could clock in at around 20 hours, enough time to watch most of the Star Wars Skywalker Saga. The airline estimates the new routes could reduce travel time by more than three hours compared with flights with stops in other airports. Qantas is planning to operate the new nonstops on ultra-long-range Airbus A350-1000 planes starting as soon as late 2025.

Persons: Alan Joyce, Joyce Organizations: Wednesday, Qantas, Boeing, Star, CNBC, Airbus Locations: New York, Sydney, Auckland , New Zealand, Los Angeles, London, Australia

☆ Illumina CEO deSouza resigns after proxy battle with Icahn
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +3 min

The Grail deal "has kept a lot of investors out of the stock" TD Cowen analyst Dan Brennan said. The company's shares have lost about 60% of their value since completing the Grail deal in 2021. Illumina shares closed at $200.53 on the Nasdaq on Friday. Icahn has said he wants former Illumina CEO Jay Flatley to return. He had secured more than twice the number of shareholder votes than his challenger received in the proxy vote, which could have given him enough legitimacy to hang on.

Persons: Francis deSouza, Carl Icahn, Icahn, Illumina, Charles Dadswell, DeSouza, deSouza's, Cowen, Dan Brennan, Francis, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Michael Erman, Anirban Sen, Mark Porter, Marguerita Choy, Edwina Gibbs Organizations: Nasdaq, LinkedIn, Unilever Plc, U.S . Federal Trade Commission, Thomson Locations: Illumina, Occidental, Bengaluru, New York, New Jersey

☆ Illumina CEO deSouza resigns after battle with Icahn
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +3 min

Analysts said they expect the company's shares to trade up on Monday morning after deSouza's resignation. The Grail deal "has kept a lot of investors out of the stock" TD Cowen analyst Dan Brennan said. The company's shares have lost about 60% of their value since completing the Grail deal in 2021. Illumina shares closed at $200.53 on the Nasdaq on Friday. Icahn has said he wants former Illumina CEO Jay Flatley to return.

Persons: Francis deSouza, Carl Icahn, Illumina, Charles Dadswell, DeSouza, Icahn, deSouza's, Cowen, Dan Brennan, Francis, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Michael Erman, Anirban Sen, Jason Neely, Jan Harvey, Mark Porter, Marguerita Choy Organizations: Nasdaq, LinkedIn, Unilever Plc, U.S . Federal Trade Commission, Thomson Locations: Occidental, Bengaluru, New York, New Jersey

☆ Illumina CEO Francis DeSouza resigns after battle with Icahn
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +2 min

June 11 (Reuters) - Illumina (ILMN.O) Chief Executive Officer Francis DeSouza stepped down on Sunday, the gene-sequencing machine maker said in a statement, ending a battle with activist investor Carl Icahn in which the company's chairman left the company earlier this year. Illumina said it named Senior Vice President and General Counsel Charles Dadswell as interim CEO. Icahn in a tweet said he is happy with the recent changes at Illumina and considers them a "very positive occurrence." Icahn has said he wants former Illumina CEO Jay Flatley to return. Vicki Hollub, for instance, remains Occidental Petroleum's (OXY.N) CEO after the company cut a deal with Icahn over board seats in 2020 and after Icahn cashed out two years later.

Persons: Francis DeSouza, Carl Icahn, Illumina, Charles Dadswell, DeSouza, Icahn, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Anirban Sen, Jason Neely, Jan Harvey, Mark Porter Organizations: LinkedIn, Unilever, U.S . Federal Trade Commission, Thomson Locations: Occidental, Bengaluru, New York

☆ Female flight attendants will no longer have to wear high heels and male crew can wear makeup after an airline updated its rules
▼ + stars: | 2023-06-09 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Qantas Airways updated its uniform policy allowing female staff to abandon high heels. The new rules allows anyone to wear makeup, but tattoos still need to be concealed. Another airline has given its presentation rules a makeover, letting female flight attendants abandon high heels and allowing anyone to wear makeup. Anyone can wear makeup if they choose to, and have hair in a ponytail or bun. In March, Spanish airline Vueling was reportedly fined 30,000 euros (about $32,000) for enforcing a strict high heel and makeup policy in its female cabin crew.

Persons: sideburns, Alan Joyce, Imogen Sturni, Vueling, Virgin Atlantic Organizations: Qantas Airways, Qantas, Australian Services Union, BBC, Jetstar, Virgin Locations: Spanish

☆ Qantas CEO Alan Joyce sells $11 mln in shares ahead of retirement
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

June 6 (Reuters) - Australia's Qantas Airways Ltd's (QAN.AX) outgoing chief executive, Alan Joyce, on Tuesday sold A$16.9 million ($11.3 million) of shares in the airline, ahead of his retirement in November. Joyce, who served as the airline's CEO for 15 long years, has offloaded 2.5 million shares for A$6.75 a piece, leaving him with a holding of just 228,924 in the company, according to an exchange filing. The stake disposal by the soon-to-be former chief executive comes after the flagship carrier named finance chief Vanessa Hudson as its next CEO. Shares in the airline finished Tuesday's session down 4.1%, marking its worst day in over 11 weeks. ($1 = 1.4995 Australian dollars)Reporting by Roushni Nair in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Alan Joyce, Joyce, Vanessa Hudson, Hudson, Roushni Nair, Nivedita Organizations: Australia's Qantas Airways, Thomson Locations: Bengaluru

May 30 (Reuters) - Unilever Plc (ULVR.L) said on Tuesday Chief Financial Officer Graeme Pitkethly would leave the consumer goods giant by the end of May 2024 after more than two decades. Pitkethly, who has been with the maker of Dove soap since 2002, succeeded Jean-Marc Huët as finance chief in 2015. The 56-year-old previously served as executive vice president of Unilever's UK and Ireland business, including head of M&A and head of treasury. Unilever, which did not say why Pitkethly planned to "retire from the company", said it would proceed with a formal internal and external search for his successor. "Eight years as CFO of a multinational is a decent time and retiring in May 2024 should enable a useful handover to a new CFO."

☆ Qantas expects international unit to be twice as profitable as tourism rebounds
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +1 min

[1/2] Qantas planes are seen at Kingsford Smith International Airport in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott/File PhotoMay 30 (Reuters) - Qantas Airways (QAN.AX) on Tuesday forecast its international divisions to be twice as profitable in the post-COVID era on strong recovery in tourism, with earnings at domestic and loyalty divisions also projected to improve. Qantas also expects its Loyalty division to reach its fiscal 2024 earnings before interest and taxes target of A$500 -A$600 million, rising further to A$800 million to A$1 billion by fiscal 2030. Qantas reaffirmed its 2024 capital expenditure forecast provided in February of between A$3 billion and A$3.2 billion. Qantas shares were trading 1.8% higher as at 0300 GMT, marking their biggest intraday gain in nearly a week.

☆ Qantas eyes return to 100% of pre-COVID capacity by March 2024
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

May 19 (Reuters) - Qantas Airways Ltd (QAN.AX), Australia's flagship carrier, said on Friday it expects its international capacity to reach about 100% of pre-COVID-19 levels by March 2024, as it plans to add more seats and aircraft to its global network. The carrier plans to add about 1 million seats to its international network over a 12-month period starting late-October, Qantas said. "The rebound in demand for international travel since borders reopened has been incredibly strong...," CEO Alan Joyce said in a statement, while flagging a mismatch between supply and demand for international flying. Qantas swung to a record profit in the first half of this financial year as raging travel demand jacked up fares and earnings. The airline will need about 300 more pilots and cabin crew by the end of the year to support extra flying, it said.

☆ Wall Street Is on Track for a Another Tough Bonus Season: Johnson Associates
▼ + stars: | 2023-05-09 | by ( Emmalyse Brownstein | Kaja Whitehouse | ) www.businessinsider.com time to read: +4 min

From M&A to trading, things have been slow on Wall Street this year. Life on Wall Street can be grueling — filled with long hours and strict in-office work policies. According to compensation consultancy Johnson Associates, Wall Street bonuses are on track to be disappointing — again — this year. Wall Street pros have been predicting a slow first half of the year, with expectations that business prospects will improve in the second half of the year. "When you're talking about pay on Wall Street, these people make multiples of what real people make," he said.

Hudson will be one of the few female executives leading a major company in Australia, although rival carrier Virgin Australia also has a woman as its CEO, Jayne Hrdlicka. "I come with an understanding of this organization that is very deep," Hudson told reporters in her first news conference as CEO designate. "Vanessa has been market-facing as CFO since October 2019, which will have prepared her well for the very public role as Qantas CEO," RBC Capital Markets analyst Owen Birrell said in a note. Though men still account for far more top executive roles in Australian-listed companies, a growing number of high-profile CEO roles are occupied by women, including at the No. Qantas said Hudson would continue in her current role until taking over as Qantas' 13th CEO at the 2023 annual general meeting.

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