Both presidential candidates were on better behaviour for the second debate than for the first, which meant each could speak in full sentences without being interrupted by the other’s insults. As different as the debates were, though, the upshot was the same. Most of the evidence we have suggests that President Donald Trump came into each debate significantly behind Joe ...

One takeaway from the third-quarter earnings we’ve seen so far is that consumers are still spending — and they’re reaching for big, well-known brands for everything from food to face cream. This has played out most dramatically in high-end retail, where in some cases wealthy shoppers are buying more expensive goods than they were a year ago. There are a ...

We all suffer multiple bouts of the common cold throughout our lives and never think twice about it. We live with recurring influenza seasons despite a vaccine. But what about Covid-19? Repeat occurrences of cold and flu happen because our immune systems seem to “forget” the previous infection. Sometimes, a case isn’t serious enough for the body to develop an ...

With Judge Amy Coney Barrett’s confirmation to the Supreme Court all but certain, Democrats are toying with ways to reform the court. Former Vice President Joe Biden plans to suggest a bipartisan commission to study the options. Unfortunately, the proposals all have serious flaws. Either their constitutionality is doubtful or they would undercut the tremendously valuable role that the court ...

Bloomberg Airbus SE is preparing to ramp up output next year of its most important jet, the A320neo, in a sign of growing confidence on the part of the European planemaker that jetliner demand is poised to recover. While no decision has been made, suppliers have been told to be ready to support a monthly rate of 47 A320neo-family planes ...

Bloomberg At a time most airlines are shedding jobs, there is one that’s hiring — a new low-cost carrier called Zipair Tokyo Inc. The unit of Japan Airlines Co will take on around 100 employees from the broader JAL group as it launches passenger flights between Tokyo and cities including Bangkok and Seoul, a JAL spokesman said. The budget airline ...

Bloomberg To block or not to block. The middle seat has become a critical issue for airlines as coronavirus-wary leisure travelers straggle back onto planes. Southwest Airlines Co said that it would begin filling middle seats on December 1. The change leaves Delta Air Lines Inc and Alaska Air Group Inc as the only two major US carriers that will ...

Bloomberg A group of creditors to JC Penney is seeking to slow the sale of the bankrupt retailer’s real estate to another group of lenders, saying that it provides the buyers an undeserved windfall and reeks “of not only greed but abhorrent bad faith.” The objecting creditors, led by Aurelius Capital Management, say they submitted a $750 million competing bid ...

Bloomberg Walmart Inc’s Indian e-commerce operation Flipkart invested 15 billion rupees ($204 million) in Aditya Birla Fashion and Retail Ltd as it looks to bolster its presence in one of the world’s fastest-growing retail markets. Billionaire Kumar Mangalam Birla’s retail business will issue preference shares to Flipkart, giving it a 7.8% stake, Aditya Birla Fashion said in an exchange filing. ...

Bloomberg The recovery in Canadian retail sales is fizzling Sales eked out a gain of 0.4% in August, Statistics Canada said in Ottawa. That fell short of the 1.1% median forecast in a Bloomberg survey of economists. Excluding vehicles, receipts rose 0.5%, versus a forecast gain of 0.9%. After cratering in April on mandatory lockdowns, retail sales increased for four ...