The discovery that two passengers boarded the missing Malaysian jet using stolen passports reveals flaws in the screening of air travelers that persist more than 12 years after security worldwide was strengthened in the wake of the Sept. 11 terror attacks.
Teams trying to locate the Boeing Co. 777 that vanished over the sea three days ago will scour data for radar signatures while seeking to detect pinging from black boxes as the search for visible wreckage proves elusive.
McDonald’s Corp., the world’s largest restaurant chain, said sales at stores open at least 13 months fell 0.3 percent in February as its U.S. business slumped for the fourth straight month amid harsh weather.
Chiquita Brands International Inc., owner of the namesake banana label, agreed to buy Fyffes Plc in an all-stock transaction that values the Dublin-based fresh- produce distributor at about $526 million.
Coutts & Co. is adding gold for investors as rising wealth in China and increasing political risks including in Ukraine spur demand, helping prices rally from the biggest annual decline in more than three decades.
Sugar and cooking oil prices will extend a rally as dry weather from South America to Asia parches crops, said Doug King, Chief Investment Officer of the $145 million Merchant Commodity Fund. Palm oil advanced to the highest level since September 2012.
Asian stocks fell, with the regional benchmark index retreating from a six-week high, after reports showed an unexpected slump in Chinese exports and slower growth in Japan than economists had projected.
The disappearance of Malaysia Airlines Flight 370, which was lost from radar on Friday night (here)/Saturday morning (there) with 239 on board, and the pace of the investigation hold an eeriness reminiscent of the crash of Air France Flight 447, which similarly vanished on its way to Paris from Rio de Janeiro in 2009. The public’s ability to digest and mourn air tragedies are typically aided by the usual evidence -- the (horrible) images we get when they happen in plain sight. In this case, as was initially the case with Flight 447, our default visceral reaction feels suspended. There’s nothing to see. The scant clues are ominous, most notably the discovery that two tickets were bought together with stolen passports. Now authorities say as many as four travelers’ identities may be suspect, and they have been unable to retrieve the