Bloomberg Amazon.com Inc. has been ordered to close a facility outside Toronto for two weeks as public health officials worry about rising Covid-19 cases inside the complex. While the rate of Covid-19 infection has been falling in the Peel region in the past few weeks, the rate inside the Brampton, Ontario, fulfillment center “has been increasing significantly,” the local health ...

Bloomberg Joann Inc., the fabric and craft store, and selling shareholders raised about $131 million in an initial public offering (IPO) a decade after being taken private by buyout firm Leonard Green & Partners. The IPO fell short of the Hudson, Ohio-based company’s goal of raising as much as $186 million. Joann sold about 11 million shares for $12 each after ...

Bloomberg Cathay Pacific Airways Ltd. reported a net loss of HK$21.65 billion ($2.8 billion) for 2020, a period the carrier described as “the most challenging 12 months of its more than 70-year history” as the coronavirus pandemic brought unprecedented disruption to global air travel. The outlook isn’t much better, according to Chairman Patrick Healy, who said “it is by no ...