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The RBA goes xenophobic in its quest for excuses

If former Reserve Bank governor Philip Lowe will never live down his notorious statement that we shouldn’t expect interest rates to rise until 2024, what to make of his successor, Michele Bullock, and the RBA board, and their extraordinary statement yesterday trying to explain why, despite clobbering the economy into a coma, they’re not prepared […]

United Airlines takes a shot at Delta’s IT meltdown: ‘Healthy businesses don’t make excuses’

United Airlines did not mention the cost of July’s CrowdStrike IT outage in its earnings report. The incident especially affected Delta, which canceled thousands of flights. United executives took a subtle jab at Delta by highlighting their “no excuses” philosophy. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on […]