Bloomberg Sears Holdings Corp is preparing to potentially wind down the iconic retailer after Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, according to people with knowledge of the matter. The retailer started laying the groundwork for a liquidation after a series of meetings in which its advisers weighed the merits …

Bloomberg Mr DIY, Malaysia’s biggest home improvement retailer, is exploring an initial public offering that could raise about $500 million, people with knowledge of the matter said. The company has been interviewing potential underwriters as it considers a listing in Kuala Lumpur, according to the people. Mr DIY is targeting a market value of about 10 billion ringgit ($2.4 billion), …

Bloomberg Delta Air Lines Inc plunged the most in more than six years, pulling rivals lower, after disappointing ticket pricing forced the carrier to cut its revenue forecasts for the second time in two months. Fourth-quarter revenue from each seat flown a mile, or unit revenue, will rise 3 percent from a year earlier, the Atlanta-based airline said in a …