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Boeing set to resume delivery of 787 Dreamliners after FAA nod

Bloomberg Boeing Co received preliminary US regulatory clearance to restart deliveries of its 787 Dreamliner aircraft, paving the way for the end to a drought that drained cash and dented the planemaker’s reputation for quality. The Federal Aviation Administration (FAA) approved Boeing’s plans to inspect and repair tiny manufacturing flaws in the Dreamliner’s carbon-composite frame, two people familiar with the ...

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JetBlue’s $3.8b Spirit deal is facing antitrust review

  Bloomberg JetBlue Airways Corp already overcame one adversary in its battle to acquire Spirit Airlines Inc. Now it faces an even bigger fight. The $3.8 billion merger must undergo a rigorous antitrust review that analysts say could lead to significant divestitures or changes to the deal’s structure — if it gets approved at all. Concern over regulatory pushback was ...

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Amazon shows it can generate sales while slowing spending

Bloomberg Amazon.com Inc showed its e-commerce and cloud-computing businesses can churn out revenue even as consumers worry about inflation and the company gets serious about curtailing expenses. Investors sent shares up more than 12% in pre-market trading. Amazon reported second-quarter sales that topped analysts’ estimates and gave a revenue forecast for as much as 17% growth in the current period. ...

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