Bloomberg Southwest Airlines Co.’s cancellation of 250 flights at Midway Airport Feb 11 was the third time in two months that a shortage of de-icing fluid has complicated the carrier’s Chicago operations. Heavy snows forced Southwest to use much more than the normal amount of glycol to remove ice and snow from planes that parked at the airport overnight, eating …

Bloomberg PepsiCo Inc.’s snacks are having to pick up more of the slack for its ailing beverages. The company posted sales and earnings that topped analysts’ estimates last quarter, helped by an uptick in volume at its Frito Lay business in North America. The snack growth helped offset continued declines at the Purchase, New York-based company’s drinks business. Still, a …

LONDON / Reuters OPEC said on Monday world oil demand would grow faster than expected in 2018 because of a healthy world economy, adding a tailwind to the producer group’s effort to remove a supply glut by cutting output. But the global market will return to balance only towards the end of 2018, no earlier than previously thought, as higher …