Bloomberg Rolls-Royce Holdings Plc is joining Airbus SE and Siemens AG in their quest to develop a 100-seater hybrid electric aircraft, giving the UK engine maker a seat at the table of a potential promising aviation technology. Rolls is tasked with helping develop a 2 megawatt electric drive for the aircraft, according to people with knowledge of the matter who ...

Bloomberg The rate of fatal crashes on privately owned aircraft in the US dropped to the lowest level in 50 years in 2016. The fatal-accident rate was less than 1 per 100,000 flight hours, the first time it has reached that level in decades, according to statistics released by the US National Transportation Safety Board. There were 386 people killed ...

Bloomberg Brick-and-mortar retailers did enough things right on Black Friday to consider the event a success, even if the crowds of past years haven’t returned. Chains simplified promotions this year and took a keener eye to managing their inventory. At Wal-Mart Stores Inc., colour-coded maps helped shoppers navigate the aisles. Retailers also made headway with their e-commerce sites, aiming to ...