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Delta enlists ‘Queen of the skies’ in Irma exodus

Bloomberg Delta Air Lines Inc. celebrated the final domestic flight for its Boeing Co. 747 jumbo fleet with an overnight party from Los Angeles to Detroit recently. The farewells were a little premature, it turns out. The carrier enlisted the iconic humpbacked jetliner to help whisk people away from Hurricane Irma, with a special round-trip flight from Detroit to Orlando, ...

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India mulls excluding debt of flag carrier before stake sale

Bloomberg India’s government, which is planning to sell a stake in its state-run flag carrier, is considering options such as keeping out at least a part of its $8 billion of debt to help lure investors, the nation’s civil aviation minister said. Air India Ltd.’s assets such as real estate could also be spun off into a separate company, A ...

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Target discounting plan ends up cutting its stock price

Bloomberg Target Corp.’s announcement that it was cutting prices on thousands of products led to one unintended discount: a nearly 5 percent stock drop. The retail chain said that it spent months examining its products and promotions and was permanently lowering prices on everything from breakfast cereal to razor blades. The announcement was meant as an enticement to customers, but ...

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