Bloomberg Expedia Inc. shares tumbled the most in more than three months after outlining plans to spend a lot more in 2018, in an effort to modernize operations and bolster its short-term vacation rental unit. The company gave a forecast for 6 percent to 11 percent annual growth in earnings before interest, taxes, depreciation and amortization — a measure of ...

Bloomberg The UK is leading the way into an online-shopping future, and that has the country’s traditional brick-and-mortar retailers fighting for their lives. With 18 percent of retail sales taking place online in Britain, the stakes are even higher than in the US, where the comparable figure is 12 percent — and where department-store owner Bon-Ton Stores Inc has just ...

Bloomberg Norway’s economic recovery continued in the fourth quarter led by rising consumer spending and investments while a report showed inflation unexpectedly slowed at the start of the year. Mainland economic growth, which excludes oil and shipping, expanded by 0.6 percent in fourth quarter, down from a revised 0.7 percent in the prior period, Statistics Norway said in a statement. ...