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Carney as Brexit weapon shows BOE’s political role

Bloomberg The Bank of England is getting dragged deeper into politics. Governor Mark Carney is getting it from all sides. He’s frequently lambasted by pro-Brexit lawmakers for outlining his economic views on the nation’s departure from the European Union, and in the past month another set of lawmakers has lined him up to assess any deal reached by the UK ...

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United Technologies lifts forecast even as Rockwell deal drags on

Bloomberg United Technologies Corp can’t seem to get its aerospace megadeal across the finish line. But that isn’t stopping the company from capitalising on a booming market. The manufacturer boosted its forecast for the year and topped Wall Street’s third-quarter profit estimates as demand surged for the latest in aviation know-how. Sales at the Pratt & Whitney jet-engine operation jumped ...

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Mall owners see anchor model retail sales fading away

Bloomberg Once upon a time, shoppers at the great American malls bounced from Sears to Bon-Ton to Borders Books and Circuit City, stopping along the way at all the smaller stores in between. Now the anchor model, which relied on big-box retailers to drive traffic, is fading. Sears Holding Corp filed for Chapter 11 protection on October 15, saying it ...

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