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Kuwait Air mulls new US route as ban threatens travel

Bloomberg Kuwait Airways Co. is considering adding a flight to Washington, D.C., or Chicago despite mounting US travel restrictions, as the Gulf carrier revives long-standing efforts to better compete with its more prosperous regional rivals. The additions, which could also include new service to Seoul; Manchester, England; Sarajevo, Bosnia-Herzegovina; or airports in China, Morocco and Saudi Arabia, are part of ...

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Nike rallies after rosy sales outlook restores investors’ faith

Bloomberg Nike Inc. rallied the most in almost two years after the athletic brand delivered a rosy forecast and announced plans to forge a closer relationship with shoppers, a move that will let Amazon and Instagram users buy its sneakers directly. The athletic brand expects sales to increase by a mid- to high-single-digit percentage this year, excluding currency effects. The ...

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Southwest drops two routes to Cuba

Bloomberg Southwest Airlines Co. will join other US carriers in reducing flights to Cuba, saying laws that restrict Americans from travelling to the island for tourism are constraining demand. Southwest becomes the latest airline to accept that the industry, with little way to judge demand beforehand, was too optimistic when US regulators allowed passenger routes to the island nation last ...

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