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US Supreme Court will end the era of college diversity

  At the end of this month, the US Supreme Court is poised to hear arguments in two closely watched cases on affirmative action in higher education. They’re widely expected to overturn the 1978 case that allowed racial diversity to become an organizing principle for college admissions. Like Roe v. Wade, Regents of the University of California v. Bakke is ...

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There is a growing need to build a better flu shot

  It’s the time of year when US public health officials are practically begging people to go out and get a flu vaccine. This year, their message is particularly urgent: Protect yourself now because the country might be in for a bad flu season that coincides with a resurgence in Covid cases. Last week, I took their advice and got ...

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Air India plans to triple its fleet of 113 jets in five years

Bloomberg Air India Ltd is planning to triple its fleet of 113 aircraft over five years as the money-losing carrier prepares to transform the business following its takeover by India’s largest conglomerate, the Tata group. “The airline is in discussions with aircraft and engine manufacturers on procuring new aircraft,” Air India Chief Executive Campbell Wilson said in New Delhi. “I ...

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Branson says first UK space launch on course for next month

  Bloomberg Britain’s first-ever space launch is on track to take place before the end of November, according to billionaire entrepreneur Richard Branson, whose Virgin Orbit Holdings Inc. will undertake the mission. “We plan to launch our first satellite into space from European soil within six weeks,” Branson said at a press conference in Milan. “We are pretty much ready.” ...

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Airbus targets US with its smallest A220 business jet

  Bloomberg Airbus SE is targeting the US with its smallest A220 business jet in a bid to make up for Russian sales lost after the invasion of Ukraine. The European planemaker will put extra resources into promoting the A220 when the corporate version, or ACJ, enters service in the first half of next year, betting that the aircraft is ...

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UK consumers rein in luxury spending

  Bloomberg British consumers are reining in unnecessary purchases after a leap in energy prices ate into their discretionary spending, forcing people to cut back on new clothes, evenings out and lunches out. Barclaycard, which manages about half of the nation’s credit and debit card transactions, said outlays on non-essential items in rose 1% from a year ago in September, ...

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J&J sales grow, but strong dollar tugs at expectations

  Bloomberg Johnson & Johnson (J&J) reported third-quarter earnings that beat analyst estimates as revenue grew in its drugs and medical-device businesses despite pressure from the stronger dollar. The diversified health-care company, which is in the process of separating out its consumer division, reported sales results that were roughly in line with Wall Street’s estimates for the pharmaceutical and medical-device ...

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Wannabe UK premiers face weekend of intense lobbying

Bloomberg The race to be Britain’s next prime minister will be mostly conducted behind closed doors, as contenders embark on a frantic weekend of lobbying Conservative lawmakers to get onto Monday’s party ballot. Liz Truss’s dramatic resignation on Thursday triggered a leadership contest that, coming so soon after the bitter one that put her into 10 Downing Street, is likely ...

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