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Air Canada in talks to add Airbus A321s as coronavirus gloom lifts

  Bloomberg Air Canada is in talks with Airbus SE about adding longer-distance A321neo jets alongside its fleet of Boeing Co 737 narrowbodies as travel demand rebounds, people with knowledge of the matter said. The carrier is looking at ordering 10 to 20 aircraft, one of the people said. The negotiations are preliminary and may not lead to a deal, ...

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Home Depot falls most since 2020 as margins bogle investors

  Bloomberg Home Depot Inc shares fell the most in almost two years after fourth-quarter profitability missed Wall Street’s expectations amid supply-chain investments and higher costs. While sales remained robust for the home-improvement retailer, much of the growth appeared to be driven by higher prices as customer transactions declined and the cost of sales increased. Gross margin, a closely watched ...

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Rolls-Royce CEO East to step down

Bloomberg Rolls-Royce Holdings CEO Warren East will step down at the end of this year, after leading the engine maker through a punishing period capped by the Covid-19 pandemic. The board will conduct a search for a successor for East, a former technology executive who struggled to make Rolls a more efficient operation even before the virus hit in 2020. The ...

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