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US air travellers expected to soar before July 4

Bloomberg Buckle up. The Friday before July 4 may approach a record for the busiest day ever for US airports, the head of Transportation Security Administration (TSA) said. Traffic for the day could top 2.6 million passengers, making it “potentially one of the busiest in TSA history,” TSA administrator David Pekoske said. TSA says nine of the top 15 days ...

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Heathrow runway seems compatible with UK green targets

Bloomberg London Heathrow’s controversial third runway fits within Britain’s plan for reining in fossil-fuel emissions, according to the government’s Committee on Climate Change. “Another runway at Heathrow could be accommodated within those parameters,” said John Gummer, chairman of the committee. Modern technology “ought to give elbow room for about a 60 percent growth in demand,” he said at a briefing ...

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Novartis to spin off Alcon as CEO focusses on finding drugs

Bloomberg Less than halfway through his first year as chief executive officer of Novartis AG, Vas Narasimhan plans a third major transaction to narrow its focus on developing cutting-edge medicines. The Swiss drugmaker said that it will spin off its Alcon eye-care unit while using proceeds from the $13 billion sale of its stake in a consumer-health joint venture with ...

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