Bloomberg JetBlue Airways Corp Chief Executive Officer Robin Hayes defended the airline’s alliance with American Airlines Group Inc, saying the US Justice Department doesn’t have evidence to support allegations that it is anti-competitive. The so-called Northeast Alliance (NEA) has increased competition in the New York area and Boston, Hayes said in an interview. He pointed to additional domestic flying by ...

Bloomberg Walmart Inc will spotlight particularly healthy or sustainable products with a new “Built for Better” tag on its website, an attempt to entice shoppers who want to vote for better nutrition and environmental stewardship with their wallets. The initiative will start with almost 2,000 items, the world’s biggest retailer said on Tuesday, and the number is set to grow. ...

Bloomberg Europe’s biggest trans-Atlantic airlines and airports reacted jubilantly to a US move allowing most vaccinated foreigners to enter the country, ending a ban that’s been in place since March 2020. Shares of British Airways (BA) parent IAG SA, Air France-KLM and Deutsche Lufthansa AG all surged following the announcement, which made clear those without Covid-19 inoculations will still be ...

Bloomberg Amazon.com Inc said it has added 86 new signatories to its Climate Pledge, expanding the number of companies that commit to aggressively reducing carbon emissions. There are now more than 200 global brands, including Nespresso, ASOS Plc, Procter & Gamble Co, HP Inc and Salesforce.com Inc, as well as three new signatories in India, who have committed to cutting ...

Bloomberg EasyJet Plc said governments need to get behind zero-emission aircraft including hydrogen-powered models envisaged by Airbus SE if they’re to become a reality by the 2030s. Airlines that operate such planes should benefit from tax breaks and reduced airspace and airport charges, while state support will be key in developing hydrogen supplies and infrastructure, EasyJet Chief Executive Officer Johan ...

Bloomberg Prime Minister Justin Trudeau won a third term in Canada’s snap election though fell short of regaining the majority he was seeking, forcing him to rely on smaller parties in another fragmented parliament. Trudeau’s Liberal Party was elected or leading in 158 of the 338 seats in the House of Commons, with 99% of the polls reporting. That’s one ...

Bloomberg President Joe Biden believed scenes of border patrol agents on horseback intimidating Haitian migrants were “horrific and horrible” and is fully committed to a Department of Homeland Security investigation into the matter, the White House said on Tuesday. “I don’t know anyone who could watch that video and not have that emotion,” White House press secretary Jen Psaki said ...

Bloomberg Prime Minister Boris Johnson indicated he doesn’t expect to secure the free-trade agreement he seeks with the US before the next UK general election due in 2024. A trade deal with the US was billed as one of the prizes of Brexit, so Johnson is under pressure to prove the biggest upheaval in British foreign policy in fifty years ...

Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged at a record low as the economy begins to show signs of recovery from the country’s worst coronavirus wave. Bank Indonesia held the seven-day reverse repurchase rate at 3.5% on Tuesday, as expected by all 31 analysts in a Bloomberg survey. The key rate has been at that level since ...

Bloomberg The European Central Bank (ECB) is likely to continue purchasing junk-rated Greek sovereign debt even after the pandemic crisis has passed, according to Governing Council member and Greek central bank chief Yannis Stournaras. “This is not a question of Greece’s ability to service debt, but a question of even transmission of monetary policy,” Stournaras told Politico in an interview. ...