Bloomberg Each airline passenger will be worth $4 more per flight to carriers once they’re able to offer uninterrupted broadband services, according to a study commissioned by satellite-communications provider Inmarsat Plc. In-flight connectivity should generate $30 billion for airlines by 2035 out of an overall market of $130 billion including technology providers and related companies, the report compiled by the ...

Bloomberg Target Corp. is giving thousands of its employees a pay raise next month, hoping to stay ahead of Wal-Mart Stores Inc. and other rivals in the war for talent. The retailer announced plans to boost its minimum hourly wage to $11 an hour in October. Target will later up the rate to $15 by the end of 2020. The ...

Bloomberg Obuv Rossii, a Russian shoe retailer backed by billionaire Brooklyn Nets owner Mikhail Prokhorov, is seeking to raise as much as $120 million in an initial public offering, according to a person familiar with the matter. The company may offer a stake of as much as 40 percent on the Moscow Exchange in October and use the proceeds to ...