Maryland / Bloomberg Lockheed Martin Corp. is leaning toward the Tata Group as a potential partner to build its flagship F-16 as India looks to modernize an aging fleet of fighter jets. “Naturally we would gravitate to Tata,” George Standridge, Lockheed Martin’s vice president for Aeronautics Strategy and Business Development, said in an interview in New Delhi when asked ...

  New York / Bloomberg US airlines and airports are spending millions on added workers to avoid a repeat of long security lines, as the coming Memorial Day weekend kicks off what’s expected to be a record year for summer travel. “We are concerned for this weekend, where we’ll see higher than normal flight loads,” said Ross Feinstein, a spokesman ...

  Shanghai / Bloomberg ZTE Corp., China’s second-largest maker of networking gear, plans to open 23 flagship stores by the end of this year to drive sales of its smartphones and consumer devices. About 20 outlets will be created in major Chinese cities while the company plans one each on Germany, Russia and Mexico, said Adam Zeng, chief executive officer ...