Bloomberg General Electric Co. has completed its initial design for the first commercial supersonic aircraft engine in decades, a major hurdle for developing private planes and, perhaps eventually, jetliners that fly faster than the speed of sound. The twin-shaft, twin-fan design will slash travel times by hours after 50 years in which the average speed of private jets has increased ...

Bloomberg As Sears Holdings Corp goes through bankruptcy, retail landlords wondering how they could be impacted might want to look at a 2015 deal. Mall owner Macerich Co struck an agreement that year with the struggling department-store operator to redevelop a 300,000 square-foot store at Kings Plaza Shopping Center, a high-traffic mall in Brooklyn, New York. Three years and $100 ...

Bloomberg US retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts that may reflect the impact of Hurricane Florence. The value of overall sales rose 0.1 percent for a second month, compared with the median forecast of economists for a 0.6 percent gain, Commerce Department figures showed. So-called retail ...