London / Bloomberg EasyJet Plc joined British Airways owner IAG SA in warning that a drop in travel demand and a slump in the value of sterling following the UK vote to quit the European Union will hurt earnings for the rest of the summer. Shares of Luton, England-based EasyJet fell as much as 19 percent and were priced ...

  Washington / Bloomberg Spirit Airlines Inc. wants to eliminate its reputation for late arrivals, but has no illusions it will ever be No. 1 for being on-time. Traditionally saddled with one of the worst on-time performances among U.S. carriers, the ultra-low-cost airline will try to improve its rate by 10 percentage points this year as one of several steps ...

    Beaverton / Bloomberg The race to run the world’s biggest sports brand is now a three-way contest. Nike Inc. Chief Executive Officer Mark Parker isn’t going anywhere just yet, but an April shakeup in the executive ranks has set off speculation that an internal battle is brewing for the opportunity to succeed him. The payoff: a chance to ...