Bloomberg United Airlines Holdings Inc. has given up on flying the Boeing Co. 737 Max until June, two months longer than rival US carriers, as the regulatory fate of the grounded aircraft remains unclear. The Max will be removed from its schedule until June 4, the Chicago-based carrier said. American Airlines Group Inc. and Southwest Airlines Co., the other US …

Bloomberg A pilot on a jet carrying Amazon.com Inc. packages that crashed near Houston in February had a record of repeatedly flunking flight tests and may have become disoriented in clouds, according to newly released documents. The pilot mistakenly thought the plane’s nose was pointed too high and jerked the jet down so steeply that the Boeing Co. 767 dove …

Bloomberg H/2 Capital Partners scrapped an auction for J.C. Penney Inc.’s term loan held by the hedge fund after a weak reception from potential buyers, according to people with knowledge of the situation. Bids for H/2’s sale of about half J.C. Penney’s $1.7 billion term loan didn’t meet the seller’s minimum price. The hedge fund will continue to own its …