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US’s secretive utility is Amazon Web Services

Amazon.com Inc’s ubiquitous cloud-computing network, the spine for a lot of digital communications and transactions across the US, went dark for several hours. The cloud has provided bounteous advantages but also excess — a cornucopia of nice-to-haves, much of it silly. Even comparisons don’t truly surface the most substantive threats to consider when digital meltdowns or significant hacks occur on ...

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Enlarging the House won’t fix US politics

Should the House of Representatives be larger? A new paper by Lee Drutman, Jonathan D Cohen, Yuval Levin and Norman J Ornstein makes the case for a fairly modest increase of 150 seats, from the current 435. But 150? Or to put it another way: The pluses and minuses of expanding the House are pretty clear, but it’s a lot ...

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Southwest cites its ‘frustration’ over Max certification delays

Bloomberg Southwest Airlines Co is frustrated by the slow pace of federal certification of Boeing Co’s smallest 737 Max jet, an issue that could delay the carrier’s commercial debut of the aircraft late into next year. The concern stems from changes by the US Federal Aviation Administration and lawmakers giving regulators a larger role in the certification, drawing out that ...

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Heathrow offers bleak outlook as omicron halts long-haul rebound

Bloomberg London’s Heathrow airport said passenger numbers are likely to recover to barely half of pre-Covid levels next year as the pandemic continues to ravage long-haul travel markets. The number of travellers in 2022 is likely to reach 45 million, Heathrow said in a statement. That compares with a record 81 million in 2019, when the hub ranked as Europe’s ...

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Activist Mantle Ridge seeking to replace Dollar Tree board

Bloomberg Activist investor Mantle Ridge has nominated a slate of directors to replace the entire board of Dollar Tree Inc and is urging the discount retailer to hire the former chairman of rival Dollar General Corp to a leadership role. The New York-based investment firm said in a regulatory filing that it believes Dollar Tree “will benefit from a refresh ...

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Lufthansa warms to Airbus freighter as it plans expansion

Bloomberg Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model. Lufthansa Cargo is making the case at group level for adding more single-aisle and wide-body planes, including additional Boeing Co 777F freighters to ply long-haul routes, unit chief Dorothea von Boxberg ...

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Japan Airlines sees omicron delaying travel recovery

Bloomberg Japan Airlines Co hasn’t seen any impact on domestic travel due to the omicron variant of the coronavirus, but an anticipated recovery for international flights may be delayed, Chief Executive Officer Yuji Akasaka said. The spread of the omicron strain, which is said to be more transmissible than delta, has been disrupting overseas air travel. Although infection rates in ...

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Lululemon rises after boosting its outlook

Bloomberg Lululemon Athletica Inc rose after boosting its sales outlook for the current year — a sign that the pandemic-era trend towards comfy clothes is persisting. The company sees net revenue in a range of $6.25 billion to $6.29 billion in the fiscal year ending on January 30, 2022. That’s up from a previous range that was capped at $6.26 ...

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Biden delays Russian invasion in Kiev, Putin demands security

Bloomberg For most of his two decades in power, Vladimir Putin tried to get the US to pay attention to his fears about Nato expanding on his doorstep. After a massive troop buildup raised alarms Russia would invade Ukraine, Joe Biden finally said he’s ready to talk about Putin’s security worries. The Kremlin understands there’s virtually no chance of the ...

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India evacuates more Afghans on special chartered flight

Bloomberg India said it evacuated 104 people, mostly Afghans, by a special chartered flight from Kabul that landed in New Delhi. The evacuated people included those from the Afghan minority community, who carried holy scriptures of Sikhism and some ancient Hindu manuscripts, the Ministry of External Affairs said in a statement. India has so far evacuated 669 people from Afghanistan. ...

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