Bloomberg Austrian aerospace supplier FACC AG, spun off from a maker of skis and tennis rackets 30 years ago, is about to reinvent itself again. The manufacturer of composite wing flaps and rudders for Airbus SE and Boeing Co is branching out to build flying taxis for Chinese technology startup EHang Inc, a market Chief Executive Officer Robert Machtlinger says …

Bloomberg Nintendo Co remains bereft of a monster smartphone hit more than four years after a much-ballyhooed entry into mobile gaming. The wait may finally be over. Mario Kart Tour, scheduled to launch this summer, has had gamers in a tizzy since it was announced in early 2018. Not only is the franchise one of the best-known racing series in …

Bloomberg For Loretta Mester, returning inflation to the US central bank’s 2 percent target requires restraint more than drastic action. In an interview with Bloomberg News, the president of the Federal Reserve Bank of Cleveland dismissed the notion that policy makers should cut interest rates to raise inflation. Instead, officials should simply be careful not to react too quickly when …