Bloomberg Morgan Stanley countered Bill Gross’s call that Treasuries are in a bear market. “Don’t worry, Treasuries continue to offer value,” Morgan Stanley strategists Matthew Hornbach and Guneet Dhingra in New York wrote in a note. “This isn’t the bear market you’re looking for,” according to the firm, one of the 23 primary dealers that underwrite US debt securities. A …

Bloomberg JetBlue Airways Corp. has delayed a decision on updating its fleet of regional jets as it watches a brewing rivalry between Boeing Co. and Airbus SE to gain sway in the market for smaller planes. The carrier had hoped to decide by the end of 2017 whether to keep its 60 Embraer SA E190s. But an Airbus agreement to …

Bloomberg London’s Heathrow airport, which has operated its two runways close to capacity since the start of the decade, managed to squeeze in 2.3 million more passengers last year as airlines deployed bigger planes and carried more people per flight. The traveller tally at the home base of British Airways increased 3.1 percent to 78 million even as the number …