Bloomberg US airlines rose as the country’s three biggest carriers said a travel rebound is gaining steam, with United Airlines Holdings Inc and Delta Air Lines Inc heading for the highest closing price in about six weeks. The pace of recovery has been faster than expected, Delta President Glen Hauenstein said. United predicted it would turn a profit before certain …

Bloomberg US government officials monitoring the airways say they won’t tolerate passengers who refuse to don masks as airline travel surges ahead of the summer season. A recent spike in unruly passenger reports, many of them involving people refusing to cover their faces, prompted Homeland Security Secretary Alejandro Mayorkas to issue a stern warning to travellers. “Let me be clear …

Bloomberg Goldman Sachs Group Inc received approval from Chinese regulators to set up a wealth management joint venture (JV) in the world’s second-largest economy to go after an asset pool it estimated will surpass $70 trillion by the end of this decade. Goldman Sachs Asset Management will hold 51% in the venture, while wealth arm of Industrial & Commercial Bank of …