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Target soars most as big retail winner in pandemic

Bloomberg For nearly all retailers, the pandemic has meant shoppers check out less often and stock up on each trip. But Target Corp bucked that trend with record sales and profit last quarter, emerging as a winner in the Covid-19 era. The shares jumped as much as 13% to their highest price ever last week after Target reported a 4.6% ...

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Delta plans to resume some global flying cut

Bloomberg Delta Air Lines Inc laid out plans to resume 50 international routes later this year and next that have been grounded by the collapse in travel demand amid the coronavirus pandemic. International flying evaporated after some countries banned travel from virus hot spots and others imposed quarantines. Passenger volume on such flights in the week ending August 16 was ...

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American Air plans to drop flights to 15 smaller US cities

Bloomberg American Airlines Group Inc plans to cease flights to 15 smaller US cities because of low demand, beginning the first phase of dropping markets from its network as the coronavirus pandemic keeps millions of flyers off planes. The reductions are effective from October 7, shortly after the expiration of service requirements tied to federal payroll aid, American said in ...

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