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Walk around a supermarket in the US or Europe and you will see some empty shelves once more. This isn’t due to people panic-buying toilet paper, as they did early on in the pandemic; rather it’s because supply chains are clogged at almost every stage between Asian factories and grocery stock rooms. But rising prices and patchy availability mean it’s ...

Now that the top US health regulators have delivered their verdict on Covid-19 booster shots, who exactly is in line to get one in the coming weeks? Sadly, too many of the wrong people and too few of the right ones, adding more messiness to a rollout process that’s been far from smooth. The Biden Administration already jumped the gun ...

It appears that the results of the partisan Arizona recount of the 2020 presidential election in Maricopa County is actually going to show a larger lead for President Joe Biden than the real count showed. The non-experts who conducted this farce were expected to roll out their results, but some have already leaked out. This doesn’t confirm anything. It can’t. ...

Bloomberg British Airways (BA) dropped plans to set up a new, lower-cost unit at London Gatwick airport, setting up a high-stakes showdown with its pilots union, which balked at new contract terms. The airline has insisted on setting up a separate division for the short-haul business even though it would remain branded as BA, the flagship of the IAG SA ...

Bloomberg Boeing Co expects Chinese airlines will need 8,700 new aircraft for a total of $1.47 trillion by 2040, doubling the country’s commercial fleet size as air travel booms. China’s demand for wide-body aircraft is likely to account for 20% of global deliveries, according to the US manufacturer’s Commercial Market Outlook. China’s civil aviation industry will also need more than ...

Bloomberg Airbus SE’s push to quickly scale up production as air travel recovers from the Covid-19 pandemic is testing suppliers that have struggled to hire enough workers and secure raw materials. Back in May, the European planemaker said it would increase output of its best-selling A320 family of aircraft to 45 per month by the fourth quarter of 2021, rising ...

Bloomberg United Airlines Holdings Inc must pay $1.9 million in fines for stranding passengers on the tarmac for extended periods of time, the government announced. United kept onboard more than 3,200 passengers on 20 domestic flights and five international flights from 2015 through last February for at least three hours, the Department of Transportation said in a release. The department ...

Bloomberg Creditors of Nordic Aviation Capital AS are one step closer to taking control of the company, one of the world’s largest aircraft lessors. Nordic Aviation and its biggest creditor groups have reached an agreement on the outline terms of the company’s restructuring framework, according to a statement. The deal, in principle, includes the conversion of “a substantial amount of ...

Bloomberg After spending a few minutes talking about triumphs at the Olympics, buzzy sneaker drops and a headquarters tour with LeBron James, Nike Inc executives spent much of the rest of their quarterly earnings call addressing something much less glamorous: logistics. “We are not immune to the global supply-chain headwinds that are challenging the manufacture and movement of products around ...

Bloomberg President Joe Biden and the leaders of Australia, India, and Japan made a show of unity against China, meeting together at the White House in a first-ever summit to discuss initiatives to counter Beijing’s influence across the Pacific. The group is “coming together to take on key challenges of our age, from Covid to climate to emerging technologies,” Biden ...