Bloomberg Airbus SE chief Guillaume Faury warned employees that the planemaker is “bleeding cash” and needs to quickly cut costs to adapt to a radically shrinking aerospace industry. With airline customers fighting to survive and unable to accept new aircraft, Airbus is juggling its delivery schedules while reassessing its long-term outlook for the aerospace industry, Faury told staff in a …

Bloomberg Adidas AG Chief Executive Officer Kasper Rorsted tried to present a silver lining as he predicted the German shoemaker’s first quarterly loss in four years: that cooped-up consumers might need more sportswear once countries lift stay-at-home orders. More than two-thirds of Adidas’s stores are closed due to the Covid-19 pandemic, which led the company to forecast an unprofitable quarter …

Bloomberg Amazon.com Inc is asking warehouse employees who have stayed away from work during the pandemic to return for scheduled shifts beginning from May 1, or request a leave of absence. The move sets up a critical choice for employees at a company that has become a lifeline for Americans locked down to contain outbreaks of Covid-19. After the coronavirus …