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Holiday price war heats up as Walmart, Target chase Amazon

  Bloomberg Wal-Mart Stores Inc., Target Corp. and other brick-and-mortar chains are counting on heavier discounts and a bigger online selection to help keep up with Amazon.com Inc. this holiday season. As Black Friday ushers in the year-end shopping rush, chains are touting larger price cuts than in 2015 — a gamble that maintaining market share is worth squeezing margins. ...

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Missing vintage rally pilot turns up in South Sudan

  Nairobi / AFP A maverick 72-year-old British pilot taking part in a vintage air rally turned up in South Sudan on Saturday after going missing for a second time when the event arrived in Kenya. Maurice Kirk is one of about a dozen pilots flying vintage biplanes across Africa, but has repeatedly run foul of organisers for failing to ...

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Airline workers enjoy good times amid doubt resurgence will last

  Bloomberg US airlines are posting record profits, awarding hefty pay raises and winning over longtime skeptics like Warren Buffett’s Berkshire Hathaway Inc. The missing ingredient: proof that the industry can weather a downturn. Previous airline booms were followed by busts that eventually forced all the biggest full-service airlines into bankruptcy. The difference this time is an eight-year era of ...

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