Bloomberg Hennes & Mauritz AB executives, addressing a gathering of investors for the first time since reporting an earnings slump, failed to convince shareholders that the apparel retailer’s turnaround plan is on track. The Swedish company said it expected sales in comparable brick-and-mortar stores to recover in 2019 but said they’d continue to slide this year. The shares fell as …

Bloomberg A video from a drone that flew within feet of an airliner over Las Vegas and prompted outrage on the internet has spurred three influential US aviation lobbies to call for tighter regulations on hobby drones. Legislation exempting certain hobbyist drone pilots from oversight by the Federal Aviation Administration has hampered the aviation agency’s ability to oversee safety of …

Bloomberg Supersonic jetliner travel, which ended more than a decade ago with the Concorde, will make a comeback and transform the aviation industry in coming years, according to billionaire Richard Branson. “The next big thing, hopefully in my lifetime, will be supersonic travel coming back and people travelling around the world in next to no time,” Branson told Bloomberg Television …