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Retailers stumble into ‘spending’ weekend

Bloomberg Black Friday is increasingly an online shopping event, and that’s not necessarily a good thing for legacy retailers, some of which found themselves falling behind during America’s annual spending spree. Chains have decades of expertise filling stores with mountains of televisions and bathroom towels while coming up with doorbuster deals to lure the masses. But e-commerce isn’t yet the ...

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Rockwell soars after United megadeal gets China nod

Bloomberg United Technologies Corp. secured approval in China for its $23 billion purchase of aerospace supplier Rockwell Collins Inc., clearing the final hurdle to complete a megadeal that was reached more than a year ago. Rockwell’s shares jumped as much as 9.4 percent, the most in 7 years, on Friday, and United Technologies gained 3 percent. The decision, posted on ...

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Airbus reveals plans for all-new narrow-body, re-engined A350

Bloomberg Airbus SE is hiring staff to help develop a proposed new narrow-body jet and a revamped version of its latest A350 wide-body, both due to be powered by a new generation of engine from the middle of next decade. The company is recruiting designers and engineers in Toulouse and Madrid to work on the short-haul model, as well as ...

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