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Mass may charge Putnam with fraud - Providence Business News

Mass. may charge Putnam with fraud Putnam Investments, the fifth-biggest U.S. mutual fund company, may be charged with securities fraud within days for its role in alleged improper fund trading, Massachusetts Secretary of the Commonwealth William Galvin said. Putnam, a unit of Marsh & McLennan Cos., would be the first mutual fund company in the country charged with wrongdoing in the… Register to keep reading or subscribe today and receive unlimited access.

Will Business Travel Come All the Way Back?

Will Business Travel Come All the Way Back? Jul 27 2021, 11:08 AM July 27 2021, 12:36 AM July 27 2021, 11:08 AM (Bloomberg Opinion) Airline CEOs are increasingly bullish about the business travel recovery. Other S&P 500 CEOs aren’t so sure. And neither are investors. (Bloomberg Opinion) Airline CEOs are increasingly bullish about the business travel recovery. Other S&P 500 CEOs aren’t so sure. And neither are investors. All of the major U.S. carriers reported improving demand from corporate fliers in the second quarter and expressed more optimism than they have at any other point of the pandemic that this lucrative corner of the market would start to return to normal. American Airlines Group Inc. predicted a full bounce back in U.S. corporate demand by 2022, even though revenue tied to this business had only recovered to 45% of pre-pandemic levels by June. United Airlines Holdings Inc. highlighted a recent survey in which more than 90% of corporate customers

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