Bloomberg Ian Babcock used to take the bus from his home in northern Michigan to get groceries, a trip that was inconvenient before the pandemic made it dangerous. For the last several months, he’s been using his food-stamp benefits to get groceries delivered by Amazon. “It potentially is a lifesaver for me,” he said. Babcock is among one million-plus US ...

Bloomberg Burberry Group Plc is betting there are still enough consumers who would be willing to pay more for its trenchcoats and purses, even amid the pandemic. The company said it will reduce markdowns, a measure that may hurt second-half sales though should improve long-term profitability. The stock rose as much as 5.8% after first-half sales declined less than expected ...

Bloomberg Boeing Co expects China to continue to be the main driver in aviation growth worldwide over the next 20 years, saying Chinese airlines are likely to buy 8,600 new airplanes worth $1.4 trillion during the period. The US manufacturer said its outlook reflects an expected robust recovery for China from the Covid-19 pandemic, driven by its expanding middle-class, economic ...