Bloomberg Airlines have been petitioning for months to ease a pandemic-era restriction on arrivals from abroad. Now that the White House has lifted mandatory Covid testing for inbound passengers, the industry may rue having its collective wish granted just ahead of the busiest time of year for travel. Travellers by air will join those at land ports of entry ...

  Bloomberg Revlon Inc plunged 53%, the biggest one-day drop on record, after distressed debt news outlet Reorg reported that the cosmetics empire is preparing to file for the bankruptcy. The company, controlled by billionaire Ronald Perelman, could file as soon as next week, Reorg said, citing unnamed sources. Revlon shares triggered the multiple trading halts because of the volatility, ...

Bloomberg China’s defense chief issued one of the country’s strongest warnings yet about the risk of war over Taiwan, even as he reaffirmed Beijing’s commitment to maintain peace in Asia. In a speech to the region’s biggest security conference Sunday, Chinese Defense Minister Wei Fenghe repeatedly expressed Beijing’s willingness to fight to prevent a formal split by the democratically elected ...