Bloomberg L.P.

American Airlines CEO Learned of Qatar's Investment Interest at IATA Conference

Qatar has a feel-good slogan for its flagship airline: “Going places together.” But for the moment, the energy-rich Middle Eastern country seems to …

Airlines

Etihad To Let Passengers Bid for Adjacent Seats Among Series of Revenue Moves

Etihad Airways will let economy passengers coveting more elbow room bid online for adjacent seats as the Abu Dhabi-based carrier explores new ways to …

Airlines

Airbus Sales Boss on Boeing's Gains: 'Every Dog Gets His Day'

Airbus SE sales chief John Leahy conceded defeat to Boeing Co. at his last European air show, marking a rare show of humility from the American who …

Paris Air Show

Qatar Airways Plans to Take Up To a 10 Percent Stake in Nemesis and Partner American Air

Qatar Airways, one of three Persian Gulf carriers that large U.S. carriers have criticized for unfair competition, is seeking to acquire a major …

Airlines

Nobody Seems to Be Buying Samsung Shares Anymore, Apart from Samsung

(Bloomberg) -- Just about everyone is selling shares of Samsung Electronics Co. after doubling their money in the past two years. For every seller, …

Samsung

Uber CEO Resigns Following Leadership Crisis He Created

Uber Technologies Inc. Chief Executive Officer Travis Kalanick has resigned, capping a series of controversies that have rocked the world’s largest …

Uber

American Airlines May Serve the Best Burger at JFK — But Only for Elites

“You’ve got to try the burger.”<p>That was the counsel of Kurt Stache, a veteran of airport dining and airline marketing, while briefing me on the …

Airlines

Air-Traffic Reform Bill Targets Airline Policies on Bumping Passengers

A plan to remove the the U.S. air-traffic control system from government would also add protections for airline passengers bumped from flights.<p>The …

Aviation

Argentina: From Frontier To Emerging Market

MSCI is expected to review the classification of Argentina on June 20th, which may be beneficial for the country’s equity and debt.<p>The Argentinean …

Bloomberg Terminal

Boeing Is Just About Giving Up On Selling Jumbo Jets

Boeing Co. sees the future, and it doesn’t include jumbo passenger jets. Not its own iconic 747. Not the Airbus SE A380.<p>The U.S. planemaker has …

Aviation

Singapore Property Stocks May Build on Best Rally in 5 Years (1)

(Bloomberg) -- Singapore property stocks are set for their best annual performance in five years, and strategists believe the rally is far from …

Real Estate

The Richest People in the World

Who are the richest people in the world and how did they amass their fortunes? Read on to find out<p>The richest people in the world have a staggering …

Wealth

Qatar Airways Plans Legal Action Over Diplomatic Spat

Qatar Airways said it could go to court in a bid to claw back the additional operating costs it’s running up after neighboring states in the Persian …

Airlines

Google Says It Will Do More to Suppress Terrorist Propaganda (1)

(Bloomberg) -- Alphabet Inc.’s Google says it is creating new policies and practices to suppress terrorism-related videos, a response to U.K. …

Google

American Airlines CEO: Trump's Staffing Gap Hurts Effort Against Gulf Carriers

One of American Airlines’ priorities is to get help from the U.S. government and President Donald Trump on a trade dispute with three fast-growing …

Airlines

No Trump Revenue Bump So Far at his Controversial Washington Hotel

President Donald Trump’s latest financial disclosure indicates that his Washington, D.C., hotel hasn’t seen a major jump in monthly revenue since his …

Donald Trump

Wal-Mart Agrees to Acquire Bonobos as Amazon Steals Spotlight

(Bloomberg) -- Wal-Mart Stores Inc. announced its long-awaited acquisition of online clothing seller Bonobos Inc., just in time to have Amazon.com Inc. steal the spotlight with its own deal.<p>Wal-Mart will pay $310 million in cash for the apparel upstart, which focuses on fitted clothing for men. …

eCommerce

Airbnb Buys Background-Check Startup Trooly to Combat Scams

Airbnb Inc. is purchasing background-check startup Trooly Inc. in an effort to protect its guests and hosts from bad actors.<p>Los Altos, …

Startups

Amazon to Buy Whole Foods in $13.7 Billion Bet on Groceries (3) - SFGate.com

(Bloomberg) -- Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a long-held goal of selling more groceries.<p>Amazon agreed to pay $42 a share in cash for the organic-food …

Amazon

Shanghai Disney Is Company's First to Break Even After One Year

Walt Disney Co.’s ambitious $5.5 billion Shanghai theme park is close to breaking even after its first full year of operations — a mark none of its …

Walt Disney Company

Google Critic No Longer Leading Candidate to Head U.S. Federal Trade Commission

<b>Skift Editor’s Note:</b> <i>The</i> <i>Financial Times and other publications reported today that Google faces a record fine of at least $1</i> <i>billion from European</i> …

Singapore Land Hunger Revives Bloc Sales Amid Home Price Rebound

(Bloomberg) -- Chalk up another sign Singapore’s housing market is recovering: redevelopment deals are back.<p>After slowing to a trickle the past three …

Real Estate

Thousands forced to fly minus luggage after baggage failure in London

Thousands of passengers departing London’s Heathrow airport were forced to fly without larger items of luggage on Thursday morning after the …

Airlines

British Airways Power Outage Cost $102 Million as IAG Boss Apologizes

British Airways owner IAG SA said a power outage that led to the cancellation of hundreds of flights last month probably cost it about 80 million …

Airlines

Someone Is Already Trying To Sell A Porsche 911 GT2 RS For $160,000 Above Sticker

Contrary to Porsche’s official hum-hawing about whether the new 2018 911 GT2 RS will exist in real life outside of <i>Forza Motorsport 7</i>, someone on …

Autos

Ready for a Tesla-Sized Apartment? In Hong Kong, It's $500K (1)

(Bloomberg) -- Fancy an apartment the size of a Tesla Model X?<p>That’s about 161 square feet — and the size of a Hong Kong micro-apartment sold by …

Hong Kong

TSA Tests Fingerprint Scans at U.S. Airports to Replace IDs

Airline passengers may soon be able to put away their IDs and boarding passes at screening lines as the Transportation Security Administration begins …

Airlines

Legoland Operator Sees Demand Fall After UK Terrorist Attacks

Recent terrorist attacks in the U.K. are starting to take a toll on Merlin Entertainments Plc.<p>The operator of attractions including the London Eye …

Terrorism

Uber CEO to Take Leave, Have Diminished Role After Scandals (4)

(Bloomberg) -- Uber Technologies Inc. Chief Executive Officer Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will be run by a management committee as it tries to navigate a wave of scandals.<p>Upon Kalanick’s return, Uber will strip him of …

Uber

The Key to Good Performance

Focus and concentration are the keys to accomplishing anything of significance and experiencing success in any area of life. Yet when it comes to …

Investing