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Xiaomi goes all-in on retail to revive China smartphone sales

  Bloomberg After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide. The phonemaker will roll out a chain of about 1,000 brick-and-mortar stores under the Mi Home banner over the next three years, as co-founder Lei Jun mimics a strategy that’s helped the ...

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Kenya Airways seeks to win back engineers as CEO search continues

  Reuters Kenya Airways is considering offering higher wages to entice back dozens of engineers who quit the loss-making carrier to join Gulf-based airlines in the past year, its chairman said. The airline, part-owned by the state and part-owned by AirFrance KLM, sank into the red four years ago after tourism slumped following a spate of attacks in Kenya by ...

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American’s pilots question CEO decision to skip Trump meet

  Bloomberg The decision by American Airlines Group Inc.’s chief executive officer to skip an industry meeting with President Donald Trump is drawing criticism from the carrier’s pilots union. CEO Doug Parker’s failure to attend has “shaken our confidence” in his judgment, Dan Carey, president of the Allied Pilots Association, said in a statement Friday. “For our airline’s CEO to ...

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