Bloomberg Government regulators plan to review drone designs in the same way they review other aircraft, a major step towards allowing routine drone deliveries and other flights over congested cities. The Federal Aviation Administration (FAA) announced it’s seeking comment from the public and the drone industry on what criteria should be used for determining whether these novel new devices are ...

Bloomberg An Air Canada passenger flight with 128 passengers on board landed safely at Madrid’s Barajas airport after the aircraft suffered damage following takeoff. The aircraft made its emergency landing “without incident” shortly after 7pm in Madrid and engineers were now checking it over, airport operator AENA said in a tweet. Flight AC837 bound for Toronto had earlier aborted its ...

Bloomberg A group including two of Forever 21 Inc’s biggest landlords has offered to buy the bankrupt retailer for $81 million, a fraction of what the international fashion pioneer was once worth. The consortium of Simon Property Group Inc, Brookfield Property Partners LP and Authentic Brands Group LLC is seeking to buy substantially all of the company’s assets, according to ...