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  Bloomberg Mark Tritton was supposed to be the savior for Bed Bath & Beyond Inc — a hotshot executive from Target Corp who knew how to charm customers with in-house brands and train stores on handling online and in-person orders. But the chief executive officer never saw the fruits of his labour, and the home-goods retailer watched its sales ...

  Bloomberg Delta Air Lines Inc, which has struggled with flight delays and cancellations this summer, is letting passengers change their travel plans for the “potentially challenging” Fourth of July holiday weekend without having to pay a fare difference. The “unique” waiver is available across Delta’s system for trips July 1 through 4, as long as customers travel between the ...

  Bloomberg London Heathrow and Paris-Charles de Gaulle airports are cutting more flights as Europe’s travel chaos continues into the summer. Heathrow asked airlines to cut 30 flights from their schedules amid concern that peak passenger numbers will exceed the level it can safely handle. France’s civil aviation authority has ordered a 17% reduction in flights out of Paris-Charles de ...

  Bloomberg Spirit Airlines Inc delayed a shareholder vote on its proposed merger with Frontier Group Holdings Inc less than 24 hours before it was scheduled, saying management needs more time for talks with its favored partner and rival suitor JetBlue Airways Corp. Spirit, which rescheduled the meeting for July 8, will continue soliciting shareholder proxies for the ballot, according ...

  Bloomberg Ireland is putting the army on standby to help alleviate staffing issues at Dublin Airport if the hub is hit by more shortages in the coming weeks. The army will be made available if needed to assist the Dublin Airport Authority during the peak holiday season of July and August, Transport Minister Eamon Ryan told RTE Radio. The ...

  Bloomberg Shares of Sanrio Co, the brainchild behind the Hello Kitty franchise, surged in Tokyo after the company signed a licensing deal with a unit of Alibaba Group Holding Ltd that will expand its reach in China. Shares rose as much as 15%, the biggest intraday gain in more than a decade, on trading volume more than five times ...

Bloomberg China urged Nato to abandon what it called a Cold War mentality after the military alliance said the Asian nation poses systemic challenges to security. Nato’s so-called Strategic Concept, a document on policy guidelines adopted at an alliance summit in Madrid on Wednesday, is “filled with Cold War thinking and ideological bias” and is “maliciously attacking and smearing China,” ...

  Bloomberg President Joe Biden said he told Turkish President Recep Tayyip Erdogan that he supported the sale of F-16 jets to modernise Turkey’s air force. “We should sell them the F-16 jets and modernize those jets as well,” Biden said at the conclusion of a Nato summit in Madrid on Thursday. “It’s not in our interest not to do ...

  Bloomberg Russia confirmed it withdrew troops from Ukraine’s Snake Island in the Black Sea after the Ukrainian military said it had driven them out under massive attack. The Defense Ministry in Moscow called the decision a gesture aimed at easing grain shipments from Ukraine, but a top official in Kyiv dismissed that claim. There was no sign of a ...

Bloomberg Ferdinand Marcos Jr., the late Philippine dictator’s son and namesake, was to be officially sworn in as president on Thursday, completing his family’s political revival nearly four decades after his father’s ouster. Marcos met with President Rodrigo Duterte at the presidential palace, where the outgoing leader was also given departure honors. The incoming president will take the oath of ...