BLOOMBERG The US Federal Aviation Administration (FAA) says it has closed a mishap investigation into the botched flight of Blue Origin LLC’s New Shepard rocket, which suffered a mid-flight failure in September of 2022. The FAA says the problem was due to a structural failure of a nozzle in the New Shepard’s BE-3 engine, which caused the engine to overheat …

BLOOMBERG Government-imposed changes to the fees Mexican airports can charge will affect all of the companies’ tariffs and not just the charges for airline passengers, according to a person familiar with the matter. President Andres Manuel Lopez Obrador’s administration made changes to the formula that sets price caps for airport tariffs, including the passenger fee known as the TUA, the …

BLOOMBERG Levi Strauss & Co reported quarterly revenue that missed expectations as performance at retailers including department stores dragged down results, leading the company to cut its full-year sales outlook. The denim brand is taking a more “cautious approach” to its projections for the current quarter, according to a statement. It now expects full-year earnings per share, excluding some items, …