Sydney/ AFP MH370 plunged into the ocean at high speed — up to 20,000 feet a minute — reinforcing analysis that the missing Malaysia Airlines jet crashed in the current search zone, a report said Tuesday. he Boeing 777 disappeared on March 8, 2014 en route from Kuala Lumpur to Beijing with 239 people onboard. An extensive underwater hunt …

  Bloomberg Singapore has put on hold a decision to buy as many as 12 of Lockheed Martin Corp.’s F-35 jets, according to information from the Pentagon’s program office. The island nation’s permanent secretary of defense development informed the US in mid-June that it was delaying final steps toward purchasing four of the fighters by about 2022, with an option …

  Bloomberg Gap Inc., the biggest US apparel-focused retailer, fell in late trading after posting July comparable sales that missed analysts’ estimates and indicated that foot traffic at its stores might not improve as much as expected later in the year. Same-store sales — a key benchmark — dropped 4 percent in July, the San Francisco-based retailer said in a …