Bloomberg Boeing Co forecasts that commercial aviation should be back to 2019 levels in two to three years, buoyed by a strong domestic recovery in China and parts of Europe, the US planemaker’s China head said. Various countries’ vaccination rates and differing quarantine requirements will pose some hurdles but “we’re anticipating in the next two to three years that the …

Bloomberg A tiny startup is expanding its semiprivate flight services in Texas, an incursion on the home turf of industry behemoth Southwest Airlines Co that targets business travelers in three of the state’s largest cities. JSX will begin service to Austin, Texas, from Dallas Love Field while doubling its Houston service to four daily flights. The carrier boards at the …

Bloomberg Dollar Tree Inc is moving above the price point that gave the discounter its name. The retailer’s legacy stores will soon begin testing sales of products that cost more than $1, according to a company statement. Dollar Tree will also add more goods that go for more than a buck at its Combo and Dollar Tree Plus stores, which …

Bloomberg HomeGoods Inc has finally gone online as the ubiquitous retailer looks beyond brick-and-mortar at a time of soaring e-commerce demand. The discount home-decor chain began offering items including bedding, kitchen goods and seasonal products on its website. HomeGoods said it sees the e-commerce store as a complement to its network of more than 820 physical locations. The late launch …

Bloomberg Japan’s financial regulator (FSA) is keeping a closer watch on the nation’s banks and insurers as their drawn out hunt for yield pushes them into riskier non-traditional assets. After years of ultra-low interest rates and record levels of deposits, it’s “inevitable” that firms are taking bigger risks, according to Toshinori Yashiki, who’s in charge of assessing risk at banks …

Bloomberg Bank of America Corp.’s (BofA) online-banking platform went down for several hours, leaving thousands of customers locked out of their accounts before service was restored. The outage started in the morning and began to be resolved midday. Bank of America’s website and app were both at full capacity in New York, according to a company spokesman. “Today, some of …

Bloomberg Amazon.com Inc unveiled a home robot called Astro, a screen on wheels that works with the company’s Alexa voice software. The $1,000 bot, which Bloomberg first reported was in development in 2018, was shown at an Amazon event checking on pets while a user was away and following a child through the home during a video call. The device’s …

Bloomberg YouTube will begin removing content questioning any approved medical vaccine, not just those for Covid-19, a departure from the video site’s historically hands-off approach. The division of Alphabet Inc’s Google announced that it will extend its policy against misinformation to cover all vaccines that health authorities consider effective. The ban will include any media that claims vaccines are dangerous …

Bloomberg Fashion houses such as Stella McCartney and Victoria Beckham have long eschewed animal products in their wares, while automakers including Audi, BMW, Land Rover, and Tesla offer leather-free and sustainable interiors as options in their cars. So far, Volvo is among the very few brands to say it will not offer any leather at all, even as an option, …

Bloomberg Facebook Inc said it’s pausing work on rolling out an Instagram Kids site after social networking company came under criticism for its negative effect on children, especially on teenage girls. Facebook said it’s not abandoning the idea to create a dedicated experience for kids under 13, but will take time to discuss with experts, parents and policymakers to “demonstrate …