Bloomberg Wal-Mart Stores Inc., Target Corp. and other brick-and-mortar chains are counting on heavier discounts and a bigger online selection to help keep up with Amazon.com Inc. this holiday season. As Black Friday ushers in the year-end shopping rush, chains are touting larger price cuts than in 2015 — a gamble that maintaining market share is worth squeezing margins. …

  Nairobi / AFP A maverick 72-year-old British pilot taking part in a vintage air rally turned up in South Sudan on Saturday after going missing for a second time when the event arrived in Kenya. Maurice Kirk is one of about a dozen pilots flying vintage biplanes across Africa, but has repeatedly run foul of organisers for failing to …

  Bloomberg US airlines are posting record profits, awarding hefty pay raises and winning over longtime skeptics like Warren Buffett’s Berkshire Hathaway Inc. The missing ingredient: proof that the industry can weather a downturn. Previous airline booms were followed by busts that eventually forced all the biggest full-service airlines into bankruptcy. The difference this time is an eight-year era of …