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Alaska Air fends off JetBlue plea to US for prized Cuba route

  Bloomberg Alaska Air Group Inc. received permission for a five-week delay in starting service on a prized flight between Havana and Los Angeles, as regulators rejected an attempt by JetBlue Airways Corp. to secure the route and move it to Boston. The U.S. Transportation Department agreed Alaska could wait until Jan. 5 to begin the service instead of the ...

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Orange earnings rise 1.6% on mobile demand in Spain, Africa

  Bloomberg Orange SA reported a 1.6 percent increase in third-quarter earnings, helped by rising wireless sales in Spain and Africa and demand for faster broadband in its home market of France. Adjusted earnings before interest, taxes, depreciation and amortization rose to 3.6 billion euros ($3.9 billion), Orange said in a statement Tuesday. That compared with the average analyst estimate ...

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McDonald’s in danger of going cold as Yum snags Alibaba

  Bloomberg KFC’s partnership with an Alibaba affiliate puts the pressure on the Golden Arches in China more than ever. By allying with a backer of the country’s top food delivery website, KFC owner Yum Brands has taken a step toward solving the dilemma of slowing growth in its biggest market outside the US. It’s a deal that McDonald’s, which ...

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