Bloomberg SkyWest Inc, the largest US regional airline, suffered “an internal technical issue” that forced 1,200 flight cancellations as jets and crews that were in the wrong places caused operational woes for a second day. A “server outage” caused the problems but was resolved, SkyWest spokesperson Marissa Snow said in an emailed statement. The airline expected around 500 cancelled flights, …

Bloomberg Citigroup Inc became the first Wall Street bank to agree to do a deep dive into its business to see if, and how, it contributes to racial discrimination. The audit will be conducted by attorneys at Covington & Burling LLP, Citigroup said on its website. The bank said the audit will focus on its 2020 commitment to dedicate $1 …

Bloomberg Bank of Russia may have stunned bond and currency markets with the size of its rate hike, but entrenched inflation means traders shouldn’t assume the hawks are done. “It’s too early to say the tightening cycle is over,” Governor Elvira Nabiullina told a press conference after lifting the main rate 75 basis points to 7.5%, the sixth straight hike …