Bloomberg EasyJet Plc dropped the most in more than two years after warning the crucial summer season will be weaker than expected as low-cost airlines feel the brunt of the UK’s political crisis over Brexit and waning consumer demand. Revenue per seat at constant currency fell an estimated 7.4 percent in the first six months of the carrier’s fiscal year, …

Bloomberg Warren Buffett said Berkshire Hathaway Inc’s investment in Delta Air Lines Inc rose above his comfort threshold by mistake. The stake climbed when Delta bought back its own stock and Berkshire increased its holdings, according to regulatory filings this month. “What I didn’t realise was that that purchase had taken us over 10 percent,” Buffett said in an interview …

Bloomberg Kellogg Co agreed to sell its cookies and fruit snack brands including Keebler and Famous Amos to Ferrero SpA for $1.3 billion, as the cereal maker refocusses on the fast-growing parts of its business. The businesses generated sales of about $900 million in 2018, the companies said. The all-cash transaction is expected to close by the end of July. …