Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels

American Airlines and United Airlines planes at Los Angeles International Airport. Kit Leong/Shutterstock.com Airline stocks have upside ahead, but investors should be warned that the industry is still vulnerable with many valuations above pre-pandemic levels, according to Bank of America.  In a Monday note, BofA research analyst Andrew G. Didora …

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What’s Really Behind Corporate Promises on Climate Change?

There has been some progress by companies that have rigorous targets. In a report last month, Science Based Targets, which was started by the environmental groups and hundreds of businesses brought together by the United Nations, said the 338 large companies around the world for which it had sufficient emissions …

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