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Lockheed challenges Textron’s $7 billion army helicopter win

  Bloomberg Lockheed Martin Corp is protesting the US Army’s choice of Bell Textron Inc to build the service’s replacement for its mainstay Black Hawk assault helicopter by 2030, a potential $7 billion project that includes development and production if all options are awarded. Lockheed filed its challenge with the Government Accountability Office, which has 100 days to render a ...

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Inflation-wary shoppers pull back as goods pile up in stores

Bloomberg Jude Snair knows retail. She works in the portrait department of a JCPenney at the Newport Centre mall in New Jersey. But with or without an employee discount, the 20-year-old said she was mostly avoiding holiday shopping this year. “It’s looking more that people this year will be receiving homemade things,” Snair said as she filled out appointment sheets. ...

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India brings back Covid tests for flyers from Asian nations

  Bloomberg India will reintroduce mandatory Covid-19 tests for flyers coming from a number of major Asian nations, including China, amid fears of a fresh wave of infections hitting the world’s second-most populated country. RT-PCR tests will be required from travellers coming from China, Hong Kong, Japan, South Korea, Singapore and Thailand, effective from January 1, India’s Health Minister Mansukh ...

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