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Among the six asset managers, China Merchants Fund Management received about 25 billion yuan for its hybrid fund.

American Airlines said it plans to cut about 30 percent of management and support staff, or about 5,000 jobs due to the coronavirus pandemic.

Amazon’s highest paid named executives in 2017 were Worldwide Consumer CEO Jeff Wilke, Amazon Web Services CEO Andy Jassy, and Senior Vice President of Business Development Jeff Blackburn — all at 5,000 per year.?None of them received stock awards in 2017 as Amazon awards them every other year. Jassy, the top executive of Amazon’s market leading cloud division, was the highest compensated Amazon employee in 2016, earning ,609,644, mostly in stock awards.

Among the 16.8 trillion yuan local government debt, 10.56 trillion yuan borrowed from the local government financing vehicles－including asset and wealth management products and bank loans with short-term maturity and high interest rates－has been replaced by long-term government bonds, aiming to tame default risks.

Amazon’s corporate headquarters in Seattle have been expanding consistently over the past few years and is the home?to the largest number of Amazon employees. Amazon employs 40,000 people in Washington state, up from 26,500 employees a year earlier.