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US Senate’s new tax legislation has issues

  The Inflation Reduction Act, passed by the Senate and now headed to the House, is a notable achievement. It provides much-needed incentives for investment in clean energy and takes long-overdue steps to control drug prices. Its new revenue will more than pay for the extra spending, so that over the course of 10 years the plan will trim public ...

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Norse Air bets on London-NY boom surviving slowdown

  Bloomberg Startup airline Norse Atlantic ASA, which begins UK-New York flights, said it will rely on strict cost control and the strength of Europe-US travel to endure headwinds from spiraling inflation and slowing economies. The discount carrier, which operates Boeing Co. 787 jets from the failed trans-Atlantic arm of Norwegian Air Shuttle ASA, is starting off slow with a ...

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Outdoor Voices mulls putting itself up for sale

  Bloomberg Activewear brand Outdoor Voices Inc is exploring options including a potential sale. The closely held company is working with an adviser to study possibilities that also include raising new financing, said the people, who asked to not be identified discussing private information. Deliberations are at early stage and Outdoor Voices could decide against a transaction, the people said. ...

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