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Biden’s economic plan gets many things right

Presidential candidate and former Vice President Joe Biden has just released a major industrial policy plan for reviving US manufacturing. The proposal is the first in a four-part series called Build Back Better, which will also address economic recovery, infrastructure, clean energy, racial equity, and modernisation of healthcare, child care and elder care. Biden’s plan should immediately make one thing ...

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Neeleman bucks airline slump with startup plan

Bloomberg Breeze Aviation Group Inc, a startup airline planned by JetBlue founder David Neeleman, is seeking to buy a defunct carrier’s operating certificate with an aim toward starting service in October. Breeze plans to start charter flights October 15, according to a regulatory filing. If regulators approve, Breeze plans to begin scheduled service next May. It will base charter operations ...

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Covid-19: Muji USA files for Chapter 11

Bloomberg The US entity of Japanese retailer Muji, known for its minimalist home goods, filed for bankruptcy, adding to a growing list of industry companies reeling from the Covid-19 pandemic. Muji USA Ltd which is operated by Ryohin Keikaku Co, filed for Chapter 11 in Delaware, according to a filing. It listed assets and liabilities in the range of $50 ...

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