Against a backdrop of rising tensions with the Soviets in 1959, President John F Kennedy delivered a speech in New York that presented a new strategic approach towards African nations and US global leadership in a world defined by great-power competition. “Opening our universities and college doors to several times as many African students as now come over — this ...

Bloomberg Delta Air Lines Inc is delaying $5 billion in aircraft deliveries until after 2022, dealing a blow to Airbus SE as the US carrier braces for years of weak travel demand. The deferrals include about $2 billion in planes that were scheduled to be handed over this year, Delta said in a statement as it reported worse-than-expected quarterly results. ...

Bloomberg Raytheon Technologies Corp began shedding salaried workers at its Pratt & Whitney jet-engine unit as the company prepares for a long slump in sales and repair work. Most of the involuntary cuts will occur over the next few days and affect workers in the US, Canada and Poland, Pratt said in an internal memo seen by Bloomberg News . ...