Bloomberg Manhattan home resales climbed for the first time in a year and a half as sellers agreed to lower prices in order to seal deals before inventory and interest rates rise further. Completed purchases of previously owned homes rose 7.7 percent in the first quarter from a year earlier, reversing a stretch of five consecutive periods in which …

  Bloomberg Peabody Energy Corp., America’s biggest coal miner, is back. After almost a year in bankruptcy, the St. Louis-based giant will trade yet again on the New York Stock Exchange on Tuesday. Clarksons Platou Securities Inc. estimated a market capitalization of $3.97 billion for the company, which at its height was valued at almost $24 billion. Its return to …

  Bloomberg Amid a dearth of new plane models, the aviation industry is intensifying the search for in-cabin innovations to lure passengers with wider seats, faster service and even fresh pancakes. Among developments this year, Qatar Airways revealed a business berth which can be swiveled to form a meeting area for four or a double bed. Dubai-based Emirates, which already …