It has become fashionable on social media and in certain publications to argue that capitalism is killing the planet. Even renowned investor Jeremy Grantham, hardly a radical, made that assertion last year. The basic idea is that the profit motive drives the private sector to spew carbon into the air with reckless abandon. Though many economists and some climate activists ...

Bloomberg Ethiopian Airlines Group is reconsidering its order for 25 additional 737 Max jetliners from Boeing Co, in part because of the “stigma’’ surrounding the aircraft involved in two fatal air disasters in five months — one of them an Ethiopian Airlines flight. Tewolde GebreMariam, the state-owned carrier’s chief executive, spoke in an interview with Bloomberg News a day after ...

Bloomberg Just like some millennials, the new Sears is counting on a hand from their parents. Baby boomers are the ticket to luring in the coveted group of young consumers, who are currently in the process of starting households and loading up on appliances, beds and other staples, according to Peter Boutros, the company’s chief brand officer and president of ...