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TSA to review security flaws, emerging from the Seattle flight crash

Bloomberg The US Transportation Security Administration (TSA) will address any vulnerabilities that are exposed by the theft and fatal crash of a small airliner near Seattle on Friday, the agency’s top official said. Speaking at a business travel conference in San Diego, TSA Administrator David Pekoske said the agency is supporting a probe of the incident, which is being led ...

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Tapestry sees China as key market for bags

Bloomberg Tapestry Inc. wants its handbags and boots to conquer Asia. The house of fashion brands, which owns Coach, Kate Spade and Stuart Weitzman, has taken measures to gain more control over its business in the booming region, where in some cases it didn’t own the local operations that distribute and sell the products. Tapestry has signed purchase agreements to ...

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Blackstone in talks for stake in India’s Jet Air loyalty arm

Bloomberg Blackstone Group LP is in talks to buy a stake in the loyalty programme of Jet Airways India Ltd., the troubled Indian carrier that’s exploring options to raise cash, people with knowledge of the matter said. The private equity firm has expressed interest in a deal that could value Jet Privilege Pvt at about 30 billion rupees ($429 million) ...

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