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US cities to power revival in domestic travel: TripAdvisor

Bloomberg The US will have a busy vacation season this summer as cities make a strong comeback, according to Stephen Kaufer, chief executive officer of TripAdvisor Inc. “Now we have a lot more activities all around the country, and it’s not just outdoors. The cities are making a very real comeback,” Kaufer said on CBS’s “Face the Nation”. Hotel searches ...

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Retailers look for back-to-school season boost in US 

Bloomberg The back-to-school season has always been important for US retailers, and this year’s is likely to be a doozy. Consumer wallets fat with stimulus checks helped Walmart Inc and Target Corp blow past sales estimates in the first quarter, but those funds will dry up at some point. Stepping into the fold, analysts expect an unprecedented shopping season as ...

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Ulta Beauty shares rise in first-quarter

Bloomberg Ulta Beauty Inc reported first-quarter comparable sales that beat expectations, showing that makeup usage is making a recovery. Comparable sales, a key metric for retailers, rose 66% for the quarter — above the 39% average analyst estimate compiled by Bloomberg. The beauty retailer raised its outlook for 2021, with net sales now seen in a range of $7.7 billion ...

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US allies urge China to allow ‘unfettered access’ to Xinjiang

Bloomberg The leaders of Australia and New Zealand have urged China to give outside observers “unfettered access” to Xinjiang, a move that is likely to draw criticism from Beijing. Australian Prime Minister Scott Morrison and New Zealand’s Jacinda Ardern “expressed grave concerns about the human rights situation” in China’s far western region and said the United Nations and others should ...

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Mali suspended from West African regional bloc over coup

Bloomberg West African leaders suspended Mali from a regional bloc after military officers wrested control of the country’s government, the second coup in the West African country in nine months. The suspension will remain in force until the nation returns to constitutional rule, Ghana’s Minister of Foreign Affairs Shirley Ayorkor Botchway told reporters in the capital, Accra, following an emergency ...

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Duterte gets party’s push to stay in power

Bloomberg Philippine President Rodrigo Duterte’s political party has urged him to run for vice president in the 2022 elections, charting a possible path for him to stay in a top government post after his term ends next year. Duterte’s political party PDP-Laban passed a resolution that also urges him to choose a presidential candidate, according to the group’s live-streamed assembly. ...

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Colombia steps up troop presence after 14 killed

Bloomberg Colombia President Ivan Duque deployed more troops to the city of Cali and the surrounding region after violent clashes that have left at least 14 dead since Friday. More than 1,100 soldiers arrived to ensure the security and mobility of the population, according to a presidential statement. The government added 25 military patrols in areas of the country’s third-largest ...

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France ready to start cutting back crisis aid, says Borne

Bloomberg France is ready to start reducing financial support to businesses and workers hit by coronavirus restrictions as its vaccination program offers a route out of the crisis, Labour Minister Elisabeth Borne said. The government has spent more than 40 billion euros ($48.8 billion) in 2020 and 2021 to protect employment, benefiting 2.7 million people on furloughs last month, up ...

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