Bloomberg Apple Inc. Chief Executive Officer (CEO) Tim Cook lambasted tech giants for “data exploitation” and called for reform around the practices of selling user data to target ads. The iPhone maker is rolling out new privacy features that restrict how mobile apps such as those from Facebook Inc. and Alphabet Inc.’s Google gather data about users to target ads. …

Bloomberg Airlines could “substantially” reduce their fuel consumption if planes become more efficient at riding the wind, according to new research. Commercial flights between New York and London during the 2019-2020 winter could have used as much as 16% less fuel if pilots had taken full advantage of the jet stream, scientists at the University of Reading said in a …

Bloomberg They’re essential workers performing critical safety work and have been assigned priority designation to receive the coronavirus vaccine. Yet tens of thousands of airport security screeners, air-traffic controllers and federal accident investigators who must report to work in spite of the virus ravaging the US haven’t gotten the shot and aren’t sure how and when they will. “It’s incredibly …

Bloomberg Southwest Airlines Co is offering another round of voluntary leave as staffing levels remain too high for a flight schedule hammered by the coronavirus pandemic. Time off for employees accepting the offer begins on March 1, when thousands of workers are set to return from six-month leaves awarded last year, Southwest said. Already, 791 pilots have agreed to take …

Bloomberg The UK government will introduce a limited hotel quarantine system for passengers arriving from the highest-risk countries, according to a person familiar with the matter. The move is aimed at curbing the spread of new variants of coronavirus that could prove resistant to vaccines, but is expected to apply to arrivals from countries with new forms of the virus, …

Bloomberg Airport Authority Hong Kong is considering raising as much as $1.5 billion in its second dollar bond offering in two months, according to people familiar with the matter. The airport operator kicked off a series of investor calls on Wednesday for the potential offering, said the people who are not authorised to speak publicly and asked not to be …

Bloomberg Years from now when the pandemic’s impact on global business is analysed, it’s likely that the most lucrative change will be how it pushed—or actually shoved—massive markets into the modern e-commerce era. In many countries, online shopping hadn’t been easy because of underdeveloped infrastructure and the reluctance, or inability, of consumers to use banks and electronic payment. That stalled …

Bloomberg Levi Strauss & Co is expanding its partnership with retailer Target Corp well beyond blue jeans. The agreement will mark Levi’s first home-goods partnership, with new products including tableware and pillows, the companies said in a statement. The tie-up will also broaden its Red Tab brand within Target stores, with in-store displays planned at more than 500 locations by …

Bloomberg Japan’s equity rally last year in the face of foreign selling is challenging conventional wisdom that purchases by overseas investors are necessary for the market to keep rising. And that breakdown in correlation bodes well for the country’s shares. The Nikkei 225 Stock Average advanced 16% in 2020 despite more than 6 trillion yen ($58 billion) of foreign net …

Bloomberg Stocks drifted lower with US equity futures on Wednesday as investors weighed earnings reports and awaited the conclusion of the first Federal Reserve policy meeting of the year. The Stoxx Europe 600 Index opened modestly down amid a wave of corporate results. Luxury conglomerate LVMH edged higher after sales of fashion and leather goods soared in the fourth quarter. …