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April 18, 2018 Aviation
Bloomberg Southwest Airlines Co. is stepping up inspections on its jet fleet after investigators said they discovered evidence of metal fatigue on an engine that exploded on April 17, sending shrapnel into the plane and killing a passenger seated near a window. The woman was partly sucked out of the plane carrying 149 people as it flew about 32,500 feet ...
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April 18, 2018 Aviation
Bloomberg United Continental Holdings Inc. is pushing ahead with its aggressive growth plan as robust demand enables the airline to boost fares even as it expands the seat supply. Revenue for each seat flown a mile, a proxy for pricing power, will rise 1 percent to 3 percent in the second quarter, the No. 3 US carrier said in a ...
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April 18, 2018 Aviation
Bloomberg Mexico’s richest man is rushing to the defense of a $13 billion airport project that’s under fire from the front-runner in the nation’s presidential campaign. The new hub for Mexico City will set off an economic boom for the capital, said Carlos Slim, whose construction company has won airport building contracts and whose son-in-law helped design the terminal with ...
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April 18, 2018 Aviation
Bloomberg Spirit Airlines Inc. is considering adding smaller planes to its fleet of Airbus SE jets as the carrier looks for ways to expand its service. The ultradiscounter expects to seek proposals from planemakers “shortly,†having completed an evaluation of the options, Chief Commercial Officer Matt Klein said. He declined to say when the airline might make an order. Adding ...
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April 18, 2018 Retail
Bloomberg A year after its break with Nordstrom Inc., Ivanka Trump’s brand is going to rely more on its own website to get its apparel in the hands of consumers. Starting from Wednesday, shoppers can order merchandise directly — with a 15 percent discount — from the brand’s website, the retailer announced in an email to customers. Since the site’s ...
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April 18, 2018 Retail
Bloomberg Kraft Heinz Co., struggling with sliding sales and a falling stock price, is partnering with celebrity chef David Chang to generate some buzz. The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time. The condiment, which has been served across the chef’s restaurant group ...
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April 18, 2018 Retail
Bloomberg Hammerson Plc withdrew its 3.2 billion-pound ($4.6 billion) offer to buy Intu Properties Plc after a growing number of its shareholders opposed a deal that would have created the UK’s biggest shopping-mall owner. Hammerson’s initial all-share offer had come as mall owners try to combine to cut costs and focus on premium properties while UK consumers endure a year-long ...
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April 18, 2018 Politics, Uncategorized
Bloomberg After US sanctions crippled an entire Russian industry and air strikes in Syria threatened the first direct clash between nuclear superpowers since the Cold War, Vladimir Putin is seeking to dial down the tension. Russia’s leader wants to give President Donald Trump another chance to make good on pledges to improve ties and avoid escalation, according to four people ...
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April 18, 2018 Politics
Bloomberg British PM Theresa May’s plans for Brexit face another potential legal hurdle as the country’s highest court rules on whether some powers from the European Union that are due to return to the UK should go to the administrations in Scotland and Wales. Months of wrangling with the semi-autonomous governments about whether policies ranging from environmental protection to agriculture ...
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April 18, 2018 Politics
Bloomberg CIA Director Mike Pompeo travelled to North Korea to meet with Kim Jong Un in advance of a possible summit on denuclearisation, President Donald Trump said. “Meeting went very smoothly and a good relationship was formed,†Trump said in a Twitter posting Wednesday morning. “Details of Summit are being worked out now. Denuclearisation will be a great thing for ...
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