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US-China handshake fails to stem ‘fear of another Ukraine’

BLOOMBERG A highly anticipated defense forum in Singapore kicked off with a friendly handshake between Pentagon chief Lloyd Austin and Chinese Defense Minister Li Shangfu. It ended with few other signs of optimism that the world’s biggest economies could avoid an eventual collision. Austin used his speech at the Shangri-la Dialogue to chide China over its refusal to meet unless ...

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Boeing CEO sees 737 Max jetliner gaining in China

BLOOMBERG Boeing Co’s top executive is growing confident the company can soon restore its commercial standing in China, while cautioning about a rocky path ahead as the two superpowers joust over trade and politics. The US manufacturer is working to restart deliveries of the 737 Max, its top source of revenue, in China after a four-year halt. Over that hiatus, ...

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JetBlue to sell Spirit’s LaGuardia assets to Frontier

BLOOMBERG JetBlue Airways Corp agreed to sell Spirit Airlines Inc’s operations at New York’s LaGuardia Airport to rival carrier Frontier Group Holdings Inc. The deal is contingent upon JetBlue closing a planned $3.8 billion acquisition of Spirit, according to a statement. JetBlue had earlier pledged to divest some assets to help secure federal approval of the acquisition, which has been ...

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