Billions of people around the world are watching helplessly as Russia’s invasion of Ukraine accelerates into its third week, continuing to kill more innocent people every day, while destroying infrastructure throughout the country and forcing millions of refugees into neighboring European countries. There is one positive step that the US and like-minded countries should begin developing immediately to ensure that ...

Howard Schultz is the Tom Brady of the consumer world. Starbucks said that Chief Executive Officer Kevin Johnson would retire and that Schultz, who stepped down as CEO for a second time in 2017 and left the company a year later, would return as interim CEO early next month. The company’s shares rose as much as 8% as investors welcomed ...

  Early on in the pandemic, a lot of New Yorkers got major deals on apartments. Now the landlords are striking back. Even though rats are popping out of toilets, hedgehogs are escaping through holes in walls and my own ceiling rains sewage on me (really!), the rent is still going up by percentages your paycheck can only dream about. ...

  As Taliban insurgents fended off US-led forces in their battle for Afghanistan in the late 2000s, local warlords decided that the nation’s mobile phone network was becoming an unacceptable risk. So they shut it down. Sometimes the outages in Afghanistan were only during the night or sporadically enforced. Quite often, though, the Taliban simply blew up cellphone masts so ...

  Bloomberg Americans are finally getting out of the house as pandemic restrictions melt away like the winter snow. But Lowe’s Cos and Home Depot Inc are betting they can keep consumers interested in home-improvement projects via online and in-person workshops on bathroom upgrades and lawn care. Both retailers want to hold onto the customers that they gained during the ...

  Bloomberg South African airline group Comair Ltd resumed flights after being given the all clear by the country’s Civil Aviation Authority, which was investigating a series of incidents over concerns about safety. The decision allows the local operator of British Airways and owner of the low-cost Kulula carrier to restart services on Thursday after a five-day grounding, restoring about ...

Bloomberg Delta Air Lines Inc Chief Executive Officer Ed Bastian said the coronavirus crisis is effectively over as far as the travel sector is concerned, with demand comfortably outweighing any impact from Russia’s war in Ukraine. Delta had the two busiest days for sales in its near 100-year history last week, while the North Atlantic market has been swamped with ...

Bloomberg US airline stocks jumped the most in the S&P 500 Index after carriers said they will trim flying to remain on track toward profits even as fuel prices rise. Several of the largest carriers, including United Airlines Holdings Inc and American Airlines Group Inc, cut their capacity forecasts for the first quarter, while Delta Air Lines Inc held growth ...

  Bloomberg Grupo Aeromexico SAB’s shares fell near the lowest price on record as the company takes the final steps to emerge from Chapter 11. The stock plunged 29% to 0.41 pesos as the window closed on a voluntary tender offer that will substantially dilute existing shareholders. The price is expected to reach zero throughout the day. Aeromexico won court ...

  Bloomberg Ocado Group Plc shares approached a two-year low after its online grocery joint venture with Marks & Spencer Group Plc warned that revenue may grow less than expected amid rising energy costs. Ocado Retail, as the venture is called, said it’s starting to cut costs across the business after first-quarter sales dropped 5.7%. Ocado shares fell as much ...