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It seems like Motorola has invented a 2019 version of the Flux Capacitor. That fictitious device from “Back to the Future” made time travel possible. Now, the phone division of Lenovo Group Ltd. has to overcome the same kinds of struggles faced by the vintage film’s DeLorean-driving scientist. Rather than racing to meet a lightning bolt, Motorola is rushing to ...

Boris Johnson’s triumphant UK election victory makes Brexit a near certainty next month. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will test its cohesion like never before. Banks, insurers and asset managers have spent billions preparing for their departure from the European Union and have moved ...

Two years ago, Boeing Co. could do no wrong. Lately, it can do nothing right, and someone had to pay the price. That person turned out to be Chief Executive Officer Dennis Muilenburg. Boeing announced that he was resigning because the board had decided a change in leadership “was necessary to restore confidence in the company” after two fatal crashes ...

The Credit Suisse AG spy scandal was supposed to be a one-off incident, albeit an astonishing one. It turns out it wasn’t. Worse, the Swiss bank is in the surreal situation of confirming that it now knows it tailed multiple people, but that its board and management were completely in the dark, and that Chief Executive Officer Tidjane Thiam definitely ...

The shipping industry is getting serious about cutting sulfur dioxide emissions. People who live along busy shipping lanes will see health benefits from reduced particulate emissions and a reduction in acid rain when new regulations come into force on January 1. But the sulfur particles help offset some of the warming caused by powering the ships, so the rules may ...

Bloomberg Mexico’s decision to cancel a $13 billion airport has made investors hungrier to participate in the expansion of Peru’s main air terminus, according to the project’s director. Anton Aramayo, who is overseeing the plans at Lima Airport Partners, said dozens of international companies are interested in bidding for around $1.2 billion of works to build a second runway and ...

Bloomberg The South Korean business dynasty that gained notoriety with the “nut-rage incident” is generating turbulence again. Heather Cho, 45, the eldest daughter of the founding family’s late patriarch, voiced her discontent over how her brother has been running the Hanjin conglomerate, whose units include flag carrier Korean Air Lines Co. Walter Cho, the 43-year-old chairman of Hanjin Group and ...

Bloomberg Even as global consumer brands grow more dependent on Asia for sales of everything from fancy handbags to baby formula, European retailers keep retreating from the world’s fastest-growing markets. The UK’s Tesco Plc, which said this month that it’s weighing a sale of its Thailand and Malaysia operations, is just the latest. Earlier this year, Germany’s Metro AG and ...

Bloomberg An American Airlines Group Inc. mechanic pleaded guilty to attempted destruction of an aircraft for tampering with a critical flight-monitoring device on a jet in Miami. Abdul-Majeed Marouf Ahmed Alani, 60, entered the plea in federal court in Miami to a single count, the US Attorney for the Southern District of Florida said in a statement. Alani told investigators ...

Bloomberg Boeing Co.’s incoming boss David Calhoun faces a daunting task when he takes over as chief executive officer next year: rescuing the 737 Max while mending the company’s fractured relationship with US regulators. But that’s just the first of the hurdles awaiting him. Calhoun, who takes the reins January 13, will be leading a once-proud company whose reputation for ...