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3,000 hires stuck in system amid UK travel chaos: BA

Bloomberg British Airways has around 3,000 potential recruits stuck in background checks that are taking up to four months, it said at a parliamentary hearing into the travel chaos gripping UK airlines and airports. Appearing before the House of Commons transport committee Tuesday, executives from BA, EasyJet Plc and TUI AG provided details of staff shortages they say are to ...

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Spirit in talks with JetBlue, but Frontier deal still on

  Bloomberg Spirit Airlines Inc is holding talks with would-be suitor JetBlue Airways Corp over its revised $3.4 billion all-cash takeover bid and will announce a recommendation from its board ahead of a June 30 shareholder meeting. The deep-discount carrier said it’s also continuing talks with Frontier Group Holdings Inc over a previous buyout deal originally valued at $2.9 billion ...

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Etsy investors risk more pain after record selloff, inflation

  Bloomberg Etsy Inc’s bad news for investors goes beyond the 66% plunge that’s the second-biggest in the S&P 500 Index this year: The unraveling of the platform for craft sales may have further to go, especially with the fastest inflation in 40 years crimping consumer budgets. With Etsy shares already near their cheapest on record, UBS Group AG slashed ...

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