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US Air Force’s $2 billion bomber request pays for staff

Bloomberg The $2 billion that the US Air Force wants to spend this fiscal year for the new B-21 bomber would go towards added staffing for contractor Northrop Grumman Corp., software development and producing detailed engineering drawings, according to a top service official. While the items listed by Air Force Undersecretary Matt Donovan were predictable for early work on a ...

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JetBlue’s plan to add seats on A320 gets stuck

Bloomberg JetBlue Airways Corp.’s plan to add more seats to its Airbus SE A320 planes is running into an obstacle: broken toilets. The Space Flex lavatories supplied by Zodiac Aerospace are crucial to JetBlue’s plan to reconfigure its fleet of A320 jets. The airline will set a “formal review” in November with Airbus and Zodiac to evaluate repairs on the ...

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Hudson’s Bay sells iconic Lord & Taylor store to cut debt

Bloomberg Hudson’s Bay Co. agreed to sell its iconic Lord & Taylor building in Manhattan and unloaded a minority stake to a private equity firm to help the struggling Canadian retailer cut debt and bolster its balance sheet. RhoneCapital LLC will buy $500 million worth of convertible shares in Hudson’s Bay, and Rhone is teaming up with WeWork Cos. to ...

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