Recent Posts

Hong Kong’s airlines facing job cuts, even bankruptcies

Bloomberg Hong Kong’s airlines face the prospect of further job cuts and even bankruptcies as anti-Beijing protests continue to deter tourists from the city, adding to the pressure on an industry already facing headwinds globally. Six months of anti-Beijing demonstrations have sent passenger traffic tumbling in Hong Kong, producing a cascade of profit warnings, flight cancellations and cost cuts at ...

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Walmart taps ‘SWAT teams’ to handle 500 store remodels a year

Bloomberg American retailers remodel thousands of stores each year, but the process is rarely smooth. Now imagine the headaches for Walmart Inc., which overhauls 500 locations annually on its own. “Things always come up that you can’t plan for,” according to Tara Barnes, a store manager in Allen, Texas, whose location went through a refurbishment this summer. In the past ...

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Southwest extends 737 Max cancellations until mid-April

Bloomberg Southwest Airlines Co. won’t schedule any flights on Boeing Co.’s 737 Max jets until April 13 — more than a month later than previously planned — further clouding the outlook for the best-selling aircraft that’s grounded globally after two fatal crashes. The airline, the biggest operator of the single-aisle jet, is extending the timeline from March 6 because of ...

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