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IAG chooses Paris as second base for Level

Bloomberg British Airways owner IAG SA chose Paris as a second base for its discount airline Level, which will offer transatlantic flights to destinations like New York and the Caribbean as carriers compete to lower prices on longer routes. CEO Willie Walsh unveiled the plan in the French capital, which won out over Rome for the designation. Level plans to ...

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EasyJet reports gender pay gap at 52%, UK’s highest

Bloomberg EasyJet Plc, Britain’s biggest discount airline, has revealed that men at the company earn on average 51.7 percent more than women, one of the highest gender pay gaps reported so far in the UK as part of government transparency requirements. Under the new rules, businesses with more than 250 employees have to report the extent of the pay gap ...

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Macy’s chief sees strong start to holidays

Bloomberg Macy’s Inc. CEO Jeff Gennette says the holiday season is off to a strong start, helped by a surge in outerwear sales. The retailer had sold 200,000 coats during Black Friday morning itself, Gennette said in an interview. And he expects to ring up a million coats, sweaters and fleeces during the long weekend. The outlook suggests that Macy’s ...

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