BLOOMBERG JetBlue Airways Corp is preparing to trim New York flights during the upcoming “very busy” summer travel season after federal regulators asked carriers to reduce schedules by as much as 10% at some of the nation’s busiest airports. “This summer is going to be really hard again,” Chief Executive Officer Robin Hayes said at the Economic Club of New …

BLOOMBERG Reeling from a collapse in its stock price and at the mercy of Wall Street banks, Bed Bath & Beyond Inc warned it will likely go bankrupt if a last-gasp $300 million equity offering fails. The retailer filed to sell new shares to stay afloat and repay creditors after a hedge-fund rescue effort faltered and as day traders — …

BLOOMBERG Italy state-owned carrier ITA Airways approved a business plan shared with Deutsche Lufthansa AG, a further step towards selling a minority stake to the German airline. The plan envisages the development of ITA Airways’ fleet, network and strategic goals and it has been discussed by Italy’s Finance Minister Giancarlo Giorgetti, ITA Chairman Antonino Turicchi and Lufthansa’s Chief Executive Officer …