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Shutdown deprives Fed of data it’s dependent on

Bloomberg Just when the Federal Reserve most needs fresh data to keep its policy in sync with the US economy, the government shutdown is getting in the way. Timely information on economic growth, jobs, consumer spending and inflation is always crucial to monetary policy making. Now, the longest shutdown on record is blocking the collection and reporting of many of ...

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Boeing’s $44bn tanker may miss a milestone by 3 years

Bloomberg Boeing Co’s first aerial refuelling tanker in a $44 billion programme is scheduled to land on Friday at an Air Force base in Kansas for a celebration tempered by what now may become a delay of at least three years in meeting its most important milestone. A ceremony is planned for the arrival of the KC-46 at McConnell Air ...

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Philippine Airlines owner’s stocks soar on new ‘ANA report’

Bloomberg Philippine Airlines Inc’s largest shareholder jumped the most in more than five years after the Nikkei reported ANA Holdings Inc is considering investing in the Southeast Asian carrier. ANA, Japan’s biggest airline, is considering purchasing 10 percent of Philippine Airlines for 10 billion yen ($91 million), the Nikkei reported. PAL Holdings Inc, which owns most of Philippine Airlines, closed ...

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