Bloomberg Indonesia, under pressure to rein in its budget deficit, plans to sell minority stakes in some of the nation’s airports and ports to private investors as President Joko Widodo seeks investment to fund his ambitious infrastructure agenda. The government intends to sell as much as 45 percent in 10 airports and 20 ports but will retain state control ...

  Bloomberg Coca-Cola and PepsiCo face a wave of new soda taxes after four US cities voted to pass the measures, part of an escalating war on sugary drinks. Proposals to slap a 1-cent-per-ounce tax on sugar-sweetened beverages are poised to pass in the California cities of San Francisco, Oakland and Albany. In Boulder, Colo., meanwhile, a 2-cents-per-ounce tax is ...

  Bloomberg American Airlines Group Inc. plans to install faster Wi-Fi on 500 more aircraft in its domestic fleet, bolstering an earlier order for ViaSat Inc. while dealing a blow to current service provider Gogo Inc. American has more than 1,100 aircraft with Wi-Fi service, a number the airline said gives it one of the largest Wi-Fi-equipped fleets in the ...