Bloomberg Southwest Airlines Co was sued by its pilots union and accused of violating federal labour law by unilaterally changing working conditions, rules and pay rates as travel collapsed because of the coronavirus pandemic. The carrier violated the Railway Labor Act by making changes in its contract, the Southwest Airlines Pilots Association said in a lawsuit filed in a Dallas ...

Bloomberg Steinhoff International Holdings NV said US bedding chain Mattress Firm is considering a public share listing as a means of returning cash to shareholders. The move is one of a number of options being weighed and a final decision hasn’t been made, Steinhoff said in a statement. The South African retailer, which came close to collapse following an accounting ...

Bloomberg Private equity firm Bain Capital is nearing an agreement to acquire a significant stake in e-commerce company Berlin Brands Group, people with knowledge of the matter said. Bain was expected to announce a deal as soon as Wednesday to buy Ardian’s holding of more than 40% in the business, the people said, asking not to be identified because the ...