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Airbus management additions and changes.

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Arun Sarin of Vodafone and his efforts with Vodafone acquisition in India of Hutchinson Essar. Its the third largest company after Bharti Airtel 23%, Relaince Communications 17.5% and its market share of 16.5%.

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Retention equity awards at Citigroup for Pandit and other executives at a time when the firm has stumbled badly and wil be having layoffs. Unlike the auto industry where these awards are watched by unions these awards arouse little controversy.

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Shell had a $2.8 billion loss in the 4th quarter 2008 as a result of lower prices of gasoline. Using a current cost of supply basis net profit was $4.79 billion. Shell's CEO says the cost of production and refining have not come down. In fact he says, the price of crude is now what it was 5 years ago, but the costs associated with production and refining are double that of 5 years ago. This puts a squeeze on Shell's profit margins.

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Julian Payne shares with us a day in the life of Prince Charles, now Charles III, in The Times. Charles is shown to be a person of boundless energy, who is keen to help on many efforts to improve life on the planet. He gets involved in the detail of conversations which run longer than usual. He is careful not waste resources and his shoes go through remending. He starts the day with a breakfast of seasonal fruit salad and tea, skips lunch and takes tea with fruit cake at 5 pm. The fruit cake is kept for use the next day and the next, so that nothing is wasted, such is his passion for no waste and using all resources carefully. Payne says he has a hatred for waste and gives much though to efficient use of resources. Dinner is at 8.30 pm and he works right into the midnight hour. His work day is relentless. And he loves the outdoors, his windows remain open. If you found yourself outdoors with the prince in winter, you may not be able to keep up says Payne.  Many say he has been highly underestimated. And his habits and his ways, his hard work, dedication, sincerity, and his sense of purpose may still surprise his country. ...

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Kevin Roose explains the unique structure of Open AI which has 4 board members and is structured as a nonprofit with the overriding goal of safety and making AI beneficial to humanity. Ilya Sutskeyer is chief scientist and member of the board. He says Altman's ouster was necessary to protect OpenAI's mission of making Artificial Intelligence beneficial to humanity. Mr. Altman was asked to join a video meeting of the board on Friday 17th November and was immediately fired. Open AI started in 2015 as a nonprofit and in 2019 setup a capped profit subsidiary in which investors returns are capped in relation to the investment. It keeps the nonprofit in charge and able to fire the CEO of the profit subsidiary and keeps the mission as overarching for both subsidiaries. There are three other members who hold no shares in the company and who are bound to a fiduciary duty to "create safe AI that is broadly beneficial to humanity." Tasha McCauley and Helen Toner are the two other members who are members of the Effective Altruism movement who have raised concerns that AI could lead to the extinction of humanity. Adfam D'Angelo is the other member, he is CEO of Quora a question and answer site. ...

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Bank of America CEO, Brian Moynihan sees economic growth at 2.5% for the U.S. in 2014, and global economic growth for GDP at 3.5%. He expects the Fed to continue its bond buying program in 2014 to prevent any backsliding in economic growth in the U.S.

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Deutsche Bank's image takes a hit in a criminal investigation of alleged tax fraud at Deutsche Bank involving cross border trading of carbon emissions certificates by traders. Co-CEO Jurgen Fitschen called the Governor of Hesse to protest a raid by 500 German police officers and investigators of the headquarters of Deutsche Bank in Frankfurt. The officers arrested some executives and confiscated data. Fitschen and co-CEO Jain were in a supervisory role for the trading and not directly involved. Fitschen signed a tax declaration that is part of the case. Over 20 Deutsche Bank executives are under investigation in the case. Because Fitschen was also being examined in the case this is being viewed in Germany as placing himself ''above the law," by interfering in a criminal investigation. Christopher Frank, head of the German Association of Judges, a senior prosecutor in Freiburg, said in an interview: "Its disturbing that a bank executive believes he can influence the independence of the judiciary through a phone call...This shows a fundamental misunderstanding of the principle of separation of powers."...