Bloomberg General Electric Co jumped as a potential megadeal signalled to investors that the ailing manufacturer has another tool to climb out of its deep hole. Apollo Global Management LLC is working to line up financing to buy GE’s jet-leasing unit, which could be valued at as much as $40 billion, Bloomberg reported after the close of trading on January ...

Bloomberg London’s Heathrow airport aims to boost capacity even before a new runway opens, employing measures including a rejigging of the way two existing landing strips are used to add 25,000 aircraft movements a year at Europe’s busiest hub. The project, revealed on Tuesday as part of a consultation process on the 16 billion-pound ($20 billion) third runway, may stir ...

Bloomberg Sears Holdings Corp is preparing for the potential that this year will be its last. The storied retailer started laying the groundwork for a liquidation after Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, people with knowledge of the matter said. Sears representatives summoned liquidation firms and other advisers to ...