Bloomberg Norwegian Air Shuttle ASA plans to establish Buenos Aires as a hub in South America as expansion across the Americas may see round-trip ticket prices across the North Atlantic fall to $150. The discount carrier may start connecting Buenos Aires with Oslo, London and Paris in as early as 12 months once government permissions have been granted, Chief …

  Bloomberg Wal-Mart Stores Inc.’s increasing reliance on e-commerce to fuel sales comes at a time when Amazon.com Inc. is tightening its grip on the American consumer, making it a risky gambit. Wal-Mart told investors it would pull back on the number of new stores it was opening and instead invest some of that money into online operations. It’s a …

  Bloomberg It’s rarely a good sign when you become the butt of jokes. But that’s what happened to Pratt & Whitney at an industry gathering recently, when John Leahy, the venerable chief salesman of Airbus Group SE, went on about a futuristic airplane — with an engine that “no doubt will be delivered late.” While the audience was amused, …