Bloomberg Macy’s Inc plans to devote more of its shelf space to Black-owned brands, becoming one of the most prominent names to join the nascent 15 Percent Pledge movement for racial equity in the retail world. The department-store chain follows retailers such as West Elm and Sephora signing onto the 15 Percent Pledge, a grassroots effort to increase representation of ...

Bloomberg Malaysia Airlines’ parent company has sought financial aid from its sole shareholder, the nation’s sovereign wealth fund, as debt restructuring talks with creditors drag on, Reuters reports, citing an email from the company. “Malaysia Aviation Group has requested financial support from our shareholder Khazanah Nasional although the company isn’t in a position to comment on amount at this point ...

Bloomberg President-elect Joe Biden is delivering a not-so-subtle rebuke to President Donald Trump with his choices of nominees to lead two key national-security agencies. For his director of national intelligence, Biden has selected Avril Haines, a former top CIA official with years of experience in the espionage community who would fill a job that Trump had largely reserved for people ...