Bloomberg The maker of On Running performance shoes priced its US initial public offering above a marketed range to raise $746 million. On Holding AG and some of its investors sold 31.1 million shares for $24 each, according to a statement confirming an earlier report by Bloomberg News. The company had marketed the shares for $20 to $22 each. The …

Bloomberg Avianca Holdings SA won court approval to send its reorganisation plan to creditors for a vote, bringing the Colombian air carrier one step closer to exiting bankruptcy under new ownership. Lenders and noteholders who agreed to refinance their debt at the beginning of Avianca’s bankruptcy case last year will get 72% of the airline’s equity in exchange for canceling …

Bloomberg Amazon.com Inc boosted pay as it looks to hire 125,000 warehouse and shipping workers amid a tight US labour market. The e-commerce giant said starting wages for open jobs in logistics average $18 an hour, or 20% more than the $15-an-hour base pay the company set back in 2018, with signing bonuses of as much as $3,000 in some …