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Bombardier marquee jet regains US access

Bloomberg Welcome back to America, C Series. Bombardier Inc.’s marquee jet, slapped with crushing US tariffs in 2017, got a new lease on life when an American trade panel nixed the duties. The recent ruling, a surprise defeat for Boeing Co., enables Bombardier to jump-start sales campaigns in the world’s largest aircraft market. A revival of orders would help debt-laden ...

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Walmart job cuts rise to 1,000

Bloomberg Walmart Stores Inc. is cutting as many as 1,000 jobs at its headquarters this year and next, the latest effort to streamline a retail empire under threat from Amazon.com Inc. The first wave of layoffs totalled between 400 and 500 jobs and hit the company’s marketing, human resources, merchandising, real estate and other divisions this week, the Bentonville, Arkansas-based ...

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Retailers worried about e-commerce fraud

Bloomberg Retailers are so worried about fraudulent purchases online, many say they’re rejecting legitimate transactions out of fear that they may be fake. Sixty-seven percent of retailers have online security measures that are quick to cancel any transaction that raises suspicion, according to a survey by Experian, a global information-services company. When gauging all businesses that figure rises to 71 ...

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