There’s no one to deliver the pizzas. Shares of Domino’s Pizza Inc initially fell after the largest pizza company in the world posted its first decline in US same-store sales in more than a decade. These results came as a shock to analysts and investors, who were expecting continued growth while the pandemic supercharges demand for takeout and delivery meals. ...

On October 1, the 930-passenger Zhao Shang Yidun (or China Merchants Eden) departed from Shenzhen on an eight-day “Charming South China Sea” cruise. It’s a landmark voyage, and not just because it transits one of the world’s most hotly disputed waterways. The ship, jointly operated by Viking Cruises Ltd and state-owned China Merchants Group, is the first five-star luxury ship ...

Another day, another dollar — or rather another few billion dollars in surprisingly strong results from a big US bank. Goldman Sachs blew away the superlatives with forecast-beating profits and revenues across the board for the third quarter. You could almost hear the analysts throwing bouquets for outgoing Chief Financial Officer Stephen Scherr on his last call. Its shares were ...

Bloomberg A former Boeing Co pilot was charged with deceiving US aviation regulators in the first prosecution related to two fatal 737 Max accidents that plunged the aviation titan into crisis. Mark Forkner, a former chief technical pilot for the company, was indicted on charges that he deceived the Federal Aviation Administration’s (FAA) Aircraft Evaluation Group during the agency’s evaluation ...

Bloomberg Virgin Galactic Holdings Inc is pushing the start of commercial flights further into next year after rescheduling a test flight, disappointing investors with the unexpected delay to its space tourism business plans. A program to upgrade the company’s spaceplane is taking place a month later than anticipated, forcing the delay of a planned research mission with a crew of ...

Bloomberg United Airlines Holdings Inc is planning its largest expansion into Europe, anticipating a surge of pent-up demand following two years of weak bookings because of the coronavirus pandemic. The significant trans-Atlantic capacity increase reflects the airline’s expectation that next summer will deliver record traffic. Flights essentially shut down industrywide in 2020 and capacity was limited last year because of ...

Bloomberg John Lewis Partnership Plc’s loss narrowed in the first half as the British retailer’s turnaround efforts started to pay off. The operator of the John Lewis department store and upmarket grocer Waitrose said the 29 million-pound ($40 million) pretax loss came after taking almost 100 million pounds of exceptional costs related to store closures and redundancy payments. This is ...

Bloomberg The US continues to observe activity at North Korean nuclear sites that is “inconsistent with full denuclearisation,” the Defense Intelligence Agency (DIA) said in a report issued. The conclusion, based on observations at the Yongbyon nuclear site and elsewhere, echoes assessments delivered to former President Donald Trump by US intelligence agencies, despite Trump’s efforts to engage in direct summit ...

Bloomberg Russia said one of its warships intercepted a US destroyer in the Sea of Japan that was encroaching on its territorial waters, claiming the vessels came within 60 metres (200 feet) of each other during the confrontation. The US Pacific Fleet rejected Russia’s characterisation of the incident hours later. The Russian Defense Ministry posted a video of the Admiral ...

Bloomberg The US will likely reinstate a Trump-era policy by mid-November requiring asylum seekers who cross the southern border to return to Mexico, the Biden administration told a federal judge. The Department of Homeland Security (DHS) has made “substantial progress” towards restarting the Migrant Protection Protocols (MPP), which force asylum seekers from Central and South America to wait in Mexico ...