Bloomberg Boeing Co. said it expects to report a $2.1 billion after-tax accounting cost for the second quarter as it absorbs expenses from programmes with well-publicised stumbles: the 787 Dreamliner, the 747-8 jumbo jet and a refuelling tanker for the US Air Force. The largest blow is related to the Dreamliner, Boeing’s carbon-fiber jet, which debuted more than two ...

  Bloomberg US back-to-school spending will grow 11 percent this year, a sign that families are more confident about the economy and ready to stock up on supplies, according to a survey from the National Retail Federation. Families with children ranging from kindergarten through 12th grade will shell out about $673.57 this year, the Washington-based trade organiation said in a ...

  Bloomberg The day millennial retailer Urban Outfitters announced it was buying Philadelphia’s Vetri Family group of restaurants, including Pizzeria Vetri, to complement its clothing stores, its stock fell as much as 10 percent. Wall Street analysts couldn’t get their heads around why Urban Outfitters would incorporate restaurants into its brand. Marc Vetri, CEO Vetri Family of Restaurants, reveals how ...