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Rise in inventories sounds an alarm about inflation

  As companies worldwide work to rebuild their stockpiles of goods, they are sending a message about inflation. The trouble is that message is far more worrisome than many people have concluded, and it poses a bigger-than-expected problem for policy makers and the markets. Consider last week’s release of US gross domestic product numbers for the fourth quarter. Those who ...

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Airbus defuses German strike threat as union reaches deal

  Bloomberg Airbus SE dodged the threat of strikes in Germany, reaching a labor deal that will allow continued production of its best-selling A320 jetliner. The accord rules out compulsory job cuts at restructured parts plants until the end of 2030, according to the IG Metall union. Airbus agreed to invest in the sites until at least that date and ...

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Frontier to buy discounter Spirit airlines for $2.9bn

  Bloomberg Frontier Group Holdings Inc agreed to buy Spirit Airlines Inc. for $2.9 billion in cash and stock, uniting two ultra-low-cost carriers targeting the recovering US leisure-travel market. Spirit shares rose the most in 14 months. Spirit investors will receive 1.9126 Frontier shares and $2.13 in cash for each Spirit share, according to a statement Monday. The deal implies ...

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