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Security waits top an hour at Atlanta airport amid shutdown

Bloomberg Some airport security lanes in Atlanta, Washington and Houston were closed as the Transportation Security Administration (TSA) continued to grapple with more absenteeism during the partial government shutdown. The TSA will begin relocating airport screening officers “on a national basis to meet staffing shortages that cannot be addressed locally,” the federal agency said in a tweet. The TSA will ...

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Lululemon soars as holiday sales stand out

Bloomberg Lululemon Athletica Inc rose the most in more than four months after the yogawear company boosted its quarterly sales and profit forecast ahead of the ICR Conference in Orlando this week. The move follows a series of holiday sales misses last week and prompted a chorus of praise from analysts. “In what is turning out to be a more ...

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Rich Chinese still hungry for luxury goods despite slowdown

Bloomberg About half of Chinese consumers say they’re planning to spend more on luxury purchases this year in a recent survey as concerns mount that the slowing and trade war-battered economy may dent demand in the key market for premium goods. Weeks after Apple Inc said that lower-than-expected Chinese demand is hurting earnings, a new survey of 1,385 affluent consumers ...

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