President-elect Joe Biden has pledged to end many of Trump’s harsh new immigration policies. But his choice of Alejandro Mayorkas to lead his Department of Homeland Security indicates the new administration won’t be embracing open borders, or even crafting especially welcoming policies towards migrants arriving over the Mexican border. President Donald Trump’s harsh treatment of immigrants was one of the ...

Bloomberg Southwest Airlines dramatically expanded its furlough warnings, telling employees that 6,828 jobs are at risk as the company and its labour unions have failed so far to agree on how to cut $500 million in costs. Pilots, flight attendants, baggage handlers and other workers got notices that they may be furloughed, Southwest said. The new warnings boost the number ...

Bloomberg Deutsche Lufthansa AG will expand its Christmas flight schedule after a surge in bookings from German tourists, a rare piece of good news for the carrier as it battles to recover from the coronavirus crisis. Lufthansa will add flights to southern European destinations including in Greece, Italy and Spain to meet the rising demand, the company said in a ...

Bloomberg TUI AG, the world’s biggest tour operator, will see its rescue funding topped up to 4.8 billion euros ($5.8 billion) after securing a third tranche of aid from the German government and cash from private investors. The latest package of 1.8 billion euros will include 1.3 billion euros from the state — amassed from federal fund WSF, state-run lender ...

Bloomberg Boutique women’s clothing chain Francesca’s Holdings Corp filed for bankruptcy after the pandemic eroded the company’s already flagging sales. The Houston-based company sought Chapter 11 protection in US Bankruptcy Court in Delaware with plans to sell the business, according to a statement. TerraMar Capital LLC or an affiliate has agreed to become the stalking-horse bidder in a court-supervised auction, ...

Bloomberg The European Union’s top trade official held out the prospect of a long-sought deal with the US on aircraft subsidies before President Donald Trump leaves office. EU Trade Commissioner Valdis Dombrovskis said “it’s possible” that both sides will reach an agreement by January 20 governing aid to Boeing Co and Airbus SE. He reiterated an offer to remove EU ...

Bloomberg South Africa isn’t just in talks with potential buyers of a stake in the country’s insolvent state-owned airline, it’s also seeking partners for subsidiaries such as low-cost airline Mango and catering unit Air Chefs. The result will be a number of private-sector entities working with various parts of South African Airways (SAA) whenever it resumes operations, according to Public ...

Bloomberg President Donald Trump blasted Georgia’s elections as corrupt but urged his supporters to vote for two GOP senators facing re-election anyway, keeping up attacks that party leaders worry could backfire and end their control of the Senate. At a rally in Valdosta, Georgia, Trump took aim at GOP Governor Brian Kemp and Secretary of State Brad Raffensperger after complaining ...

Bloomberg Former Hong Kong pro-democracy lawmaker Ted Hui said he and his family no longer have access to their bank accounts in the city after he fled to self-imposed exile in the UK, the South China Morning Post (SCMP) reported. Five accounts belonging to Hui, his wife and parents have been inaccessible since Saturday, he said in an interview with ...

Bloomberg Australia lacks an overarching approach to handling a “much more assertive” China, and needs a plan for economic diversification and liaising with Asian allies to handle the emerging superpower, opposition foreign affairs spokeswoman Penny Wong said. “The strategy should be working out how we deal with the effects for Australia and the region of a China which demonstrably is ...