Bloomberg Advisers to Mexico’s next president are starting to share a few details on this month’s public consultation on whether to proceed with the construction of a $13 billion airport for the nation’s capital. The unorthodox process will be carried out in two ways: a national face-to-face survey and a vote, Jesus Ramirez, spokesman for incoming president Andres Manuel Lopez ...

Bloomberg Pentagon weapons buyer Ellen Lord has approved plans to begin full combat testing of Lockheed Martin Corp.’s F-35, a major step toward full production of the fighter jet planned for next year. Lord, the under secretary for acquisition, “certified readiness to enter operational testing after concurring” with the F-35 program manager’s recommendation to start in mid-November, her spokesman, Air ...

Bloomberg The all-important holiday season is fast approaching, and there’s very little JC Penney Co.’s incoming chief executive officer can do about it. The struggling department-store chain named its new CEO, retail veteran Jill Soltau, with less than three months of 2018 holiday shopping to go. JC Penney’s orders for the critical period were placed months ago, giving her little ...