Bloomberg Bed Bath & Beyond has begun preparations for a bankruptcy filing that would likely come during its first operating quarter of the year, according to people with knowledge of the moves who asked not to be named discussing confidential plans. The Union, New Jersey-based company called off a proposed debt exchange and said that it might not be able …

  Bloomberg Philippine President Ferdinand Marcos Jr asked his Transport chief to fast track talks with suppliers of equipment needed in the upgrade of the nation’s main airport after a New Year’s Day power-supply problem disrupted flights. At a televised briefing, Marcos said he wants the Ninoy Aquino International Airport in Manila to have a reliable power backup system. The …

  Bloomberg Oatly Group AB surged after announcing it will transfer leases and production capacity at two US facilities to Canadian manufacturer Ya YA Foods Corp — a bid to fix product shortages that have plagued the Swedish oat milk maker. The $98.1 million co-packing agreement, expected to close in the first quarter, will last 10 years and is part …