Airlines project record profitsGENEVA — The world’s leading association of airlines is lowering its projection for record industry net profit this year, while predicting a 16 percent drop next year due to rising oil prices.The International Air Transport Association forecasts profit of $35.6 billion this year, down from its previous projections for $39.4 billion. Profit is expected to be $29.8 billion in 2017.IATA CEO Alexandre de Juniac cited continued economic, political and security risks. He cautioned profits are not evenly distributed, with the best performance centered on North America.

Jordan wins China court rulingBEIJING — Basketball legend Michael Jordan now owns his Chinese name, after China’s highest court sided with him following a legal battle over a trademark dispute.The former NBA star has fought a Chinese sportswear maker since 2012 over the name “Qiaodan” — the transliteration of “Jordan” in Mandarin. Qiaodan Sports had registered the trademark under which it was selling its own shoes and sportswear. Jordan had previously argued unsuccessfully that Qiaodan Sports had used his Chinese name, his old jersey number 23 and basketball player logo to make it look like he was associated with their brand.

Hyundai recalls 41,000 minivansDETROIT — Hyundai is recalling more than 41,000 older minivans because the hoods can fly open while they’re being driven.The recall covers the Entourage minivan from the 2007 and 2008 model years. Hyundai says a secondary hood latch can rust and remain in the unlatched position. So if the primary latch is released, the secondary latch may not keep the hood in place. The company says it has no reports of crashes or injuries caused by the problem.Dealers will replace the secondary latches in cold-weather states where corrosive salt is used to clear the roads.