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United Air board faces a long to-do list, from chairman to jets

Bloomberg United Continental Holdings Inc. directors face a series of momentous decisions as the board gathers this week at the airline’s Chicago headquarters. The to-do list ranges from naming a new chairman to initiating a search for a new chief financial officer. There’s also the debate about long-range planes that will make up the company’s future fleet. The deliberations will ...

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MH370 search in peril as Malaysia PM Mahathir cuts costs

Bloomberg The search for Malaysia Airlines Flight 370 is in peril once again as new Prime Minister Mahathir Mohamad reins in government spending. After several extensions of what began as a three-month “no cure, no fee” contract signed by US exploration company Ocean Infinity in January, the government has given extra time until May 29 to wrap up the search ...

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Target’s online push pays off even as profit misses forecasts

Bloomberg Target Corp.’s online sales push paid off in the first quarter even as profit missed forecasts, and the retailer said performance will improve further in the current period. Digital revenue rose 28 percent in the period ended on May 5, the company said. That contributed to a 3 percent lift in same-store sales, beating analysts’ average prediction, according to ...

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