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Airbus says UK fraud office starts criminal bribery probe

  Bloomberg Airbus Group SE said the U.K. Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption relating to some of its third-party consultants. The Toulouse, France-based planemaker said in a statement that it’s cooperating with investigators probing its civil aviation business. Airbus had flagged to U.K. regulators and the European Export Credit Agencies ...

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Wal-Mart launches new scheduling system

  NEW YORK /AP Wal-Mart, the US largest private employer, launched a new scheduling system in about 650 Neighborhood Market stores that gives hourly workers more certainty about their schedules. The system was launched in late July and could be eventually rolled out to all 4,600 U.S. Wal-Mart stores, said Mark Ibbotson, Wal-Mart’s executive vice president of central operations. There ...

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Golf’s declining appeal takes toll on Nike, Golfsmith

  Bloomberg Nike Inc.’s decision to stop selling golf equipment and a possible bankruptcy filing by the Golfsmith retail chain are raising concerns that the declining popularity of the sport is taking a toll on the companies that thrive on it. Millennials, the key to the sport’s future, are shunning the expensive and time-consuming game in favor of more instantly ...

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