Bloomberg Marks & Spencer Group Plc (M&S) is severing ties to financial public-relations adviser Finsbury at the end of March as the London-based retailer seeks to cut costs. M&S’s internal press-relations team will take over responsibility for the work Finsbury has been carrying out since the WPP Plc-owned agency was hired by former Chief Executive Officer Marc Bolland in …

  NEW YORK / AP JC Penney listed for the first time the 138 locations it will shutter in the coming months as the retailer seeks to cut costs and improve its profitability. Like other department stores, JC Penney Co. is hurting as more people shop online instead of heading to the mall. The closures are part of the company’s …

  Bloomberg A single-aisle passenger jet that is being built by the Commercial Aircraft Corp. of China is set for its first test flight by the end of next month, according to Philippe Petitcolin, chief executive officer of Safran SA, an aircraft engine maker. Any problems with taxi trials may alter the schedule, Petitcolin said in an interview in Paris. …