Even investor darling Honeywell International Inc. isn’t immune to the slowdown taking place in manufacturing. The maker of jet engines and air-conditioner controls reported second-quarter earnings that beat analysts’ estimates, but sales in the period were weaker than expected, both including and excluding the impact of M&A and currency swings. The 5 percent organic revenue growth Honeywell notched in the ...

With two-thirds of the US experiencing a heat wave, it seems like a good time to talk about air conditioning. According to the annual Characteristics of New Housing data released by the Census Bureau early this month, 94 percent of the new housing units completed in the US in 2018 came with it built in, up from 65 percent in ...

Bloomberg Luxury department store Barneys New York is exploring restructuring options that could include filing for bankruptcy as it struggles to keep up with higher rent and adapt to changing consumer habits. Barneys is working with financial advisers at MIII Partners and lawyers at Kirkland & Ellis, according to people with knowledge of the situation. The company hasn’t made a ...