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Brands in US pause political donations after Capitol Hill episode

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NEW DELHI: Multiple brands in the US have decided to pause political donations to both Republicans and Democrats following Wednesday's Capitol siege. These include the likes of JPMorgan, Citibank, Facebook, and Microsoft.

Media reports say that JPMorgan will pause all political funding for at least six months, Citibank for the remainder of the quarter, and Facebook for the next three months.

Other companies that are following the suite include 3M, Dow, Marriott, and Morgan Stanley. These companies have expressed their discontentment around the Capitol Hill attacks and have stated that the focus of all the leaders should be on governing and helping those who need it. Some organisations have decided to suspend political contributions to representatives and senators who voted against the certification of Biden’s election last week.

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FedEx, Target, CVS Health, AT&T, and Walmart are among the companies currently reviewing their positions on political contributions

Facebook told Axios it would pause political donations to the Democrats and the GOP for at least three months. The social media giant also indefinitely suspended Trump's Facebook account on Thursday, which will last at least until President-elect Biden is inaugurated on January 20.

Microsoft is also freezing all political donations for the remainder of the quarter, Ashley Gold of Axios reported.

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The attack that took place last Wednesday left five people dead and several injured. There was an intense clash between the police authorities and local people after they were incited by the outgoing US president Donald Trump.

People across the world condemned the attacks and social media platforms like Twitter and Facebook have suspended Trump’s account, citing the risk of him disturbing the peace in the country.

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Boeing appoints Barun as head of FP&A for global engineering function

Seasoned finance leader to steer budgets and strategy across global centres

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BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.

Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.

In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.

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Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.

The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.

His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.

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A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.

His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.

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