Reviving America’s commitment to fighting climate change will require effort from politicians, energy executives, to some extent everyone. Yet one group must not be forgotten: the fossil-fuel workers who have for decades toiled to power the country’s growth. They’ll bear much of the cost to ensure a sustainable future. They deserve much more support than they’ve seen so far. The ...

Bloomberg Delta Air Lines Inc is sidestepping millions of dollars in US tariffs on European jetliners by initially routing them far outside the country to such places as Amsterdam, Tokyo and El Salvador. The US carrier has taken delivery of seven European-built Airbus SE planes since President Donald Trump’s levies took effect in October 2019. Rather than flying them home ...

Bloomberg US regulators plan on Wednesday to unveil the long-awaited final requirements for allowing Boeing Co’s grounded 737 Max to return to service after 20 months, according to a person briefed on the plans. The Federal Aviation Administration (FAA) has begun notifying the aviation industry of its schedule, said the person, who wasn’t able to discuss the matter publicly and ...

Bloomberg AirAsia Japan Co has filed for bankruptcy with the Tokyo District Court after flagging last month it would cease operations in the country, as the coronavirus pandemic that’s wiped out travel globally took its toll. The arm of Malaysia’s AirAsia Group Bhd then received a provisional administration order from the court on Tuesday, it said in a statement. “Given ...

Bloomberg EasyJet Plc extended the terms of a government-backed loan in the UK to bolster liquidity as a new wave of coronavirus lockdowns crimps travel in Europe. Britain’s biggest discount airline posted a loss of 835 million pounds ($1.1 billion) for the year through September, within a range already announced, and said in a statement on Tuesday that it will ...

Bloomberg Greater Toronto Airports Authority (GTAA) is monitoring bond market conditions as its most recent debt deal outperforms the wider Canadian dollar corporate bond market. GTAA’s C$500 million ($382 million) of secured bonds due 2028 were quoted at a spread of around 88 basis points over similar-duration government securities, or around 21 basis points tighter than where they were first ...

Bloomberg Carlyle Group Inc is weighing new plans to sell Hunkemoller, the Dutch swimwear retailer, according to people familiar with the matter. The US private equity firm is working with investment bank JPMorgan Chase & Co on a potential sale of the business next year, the people said, asking not to be identified discussing confidential information. No final decisions have ...

Bloomberg Donald Trump is expected to issue a formal order drawing down US troops in Afghanistan and Iraq to 2,500 in each country by January 15, a US defense official said, as the president works to deliver on his longtime pledge to exit from “endless wars.” US Central Command has received an informal warning order, according to the official. The ...

Bloomberg A US Navy destroyer successfully intercepted a mock intercontinental ballistic missile (ICBM) designed to simulate one developed by North Korea, a Pentagon official said. The Aegis-class destroyer operating near Hawaii on Tuesday fired a Standard Missile-3 model Block II A made by Raytheon Technologies Corp at the target launched from Kwajalein Atoll in the Marshall Islands. “This was an ...

Bloomberg Australia is taking the next step towards building a coalition of “like-minded” democracies pushing back against what they view as Beijing’s increasing expansionism in the Indo-Pacific — even as the list of trade reprisals against it grows. As part of the campaign, Prime Minister Scott Morrison met his Japanese counterpart Yoshihide Suga in Tokyo on Tuesday to sign what ...