Bloomberg The US Department of Transportation is suspending 26 flights by Chinese airlines next month in a dispute over Beijing’s strict policies when travelers test positive for Covid-19. The retaliatory move follows the Chinese government’s decision to limit inbound flights by US carriers including United Airlines Holdings Inc. and Delta Air Lines Inc. China’s actions are “adverse to the ...

  Bloomberg Gap Inc.’s shares rose in late trading as investors took solace in higher-than-expected earnings and improving sales trends even as the chain withdrew its full-year projections. The apparel retailer said macroeconomic uncertainty and its ongoing search for a new executive officer sparked the decision to pull the guidance. Still, the company saw “an improvement in sales trends in ...

  Bloomberg US Navy warships have entered the Taiwan Strait for the first time since House Speaker Nancy Pelosi’s visit to the self-ruled island tested ties between Washington and Beijing. The Ticonderoga-class guided-missile cruisers USS Antietam and USS Chancellorsville are conducting a routine transit through a corridor of the strait beyond the territorial sea of any state, the 7th Fleet ...