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Delta’s CEO apologises for ‘unacceptable’ flight delays

  Bloomberg Delta Air Lines’s chief executive officer apologised to customers for an “unacceptable” level of cancelled and delayed flights, an unusual step that reflects mounting frustration among waylaid summer travelers. Delta is adding extra boarding time for flights, building in more of a buffer in crew schedules to mitigate disruptions and using white collar salaried workers to help speed ...

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Walgreens’ outlook spooks investors

  Bloomberg Walgreens Boots Alliance Inc maintained its guidance for 2022 earnings even as the drugstore chain beat Wall Street’s estimates for fiscal third-quarter profit and revenue, another hiccup after it abandoned the planned sale of its UK pharmacy unit. Adjusted earnings were 96 cents a share, Walgreens said in a statement, compared with the average estimate of 94 cents, ...

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Australian PM visits France to repair ties after sub fight

Bloomberg Australian Prime Minister Anthony Albanese promised a “new dawn” in relations with France after arriving in Paris for a meeting to repair relations damaged over the unexpected cancellation of a billion-dollar submarine contract in 2021. Outside the Elysee palace, the premier was greeted by President Emmanuel Macron who said he too wanted to “speak about the future” and doesn’t ...

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