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Storm grounds US flights, toasts East

Bloomberg A massive winter storm is grounding flights in Chicago, whipping up tornadoes and hail across the South, and will likely push record January warmth into New York, Washington and the entire East Coast over the weekend. At least seven people have died, including three in Alabama, as the storm swept across the southern states, AP reported. The eastern US ...

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Ryanair raises profit guidance after Christmas travel boom

Bloomberg Airline shares surged in Europe after Ryanair Holdings Plc said it expects to post a bigger-than-expected full-year profit following a spike in lucrative last-minute bookings over the Christmas and New Year holiday. Europe’s biggest discount airline now anticipates earnings for the 12 months through March of between 950 million euros ($1.06 billion) and 1.05 billion euros, and most likely ...

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Online mattress firm Casper files for IPO

Bloomberg Online mattress retailer Casper Sleep Inc filed for a US initial public offering, reporting growing revenue and losses amid heightened competition from imitators. The New York-based company in a filing with the US Securities and Exchange Commission listed the size of its planned offering as $100 million, a placeholder that will likely change. The share sale is being led ...

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