Recent Posts

Bankrupt Brooks Brothers gets rescue takeover bid

Bloomberg The race to purchase Brooks Brothers Group Inc out of bankruptcy is on as brand manager WHP Global and a group of Italian companies prepare bids following Authentic Brands Group LLC and Simon Property Group Inc’s $305 million offer. Sparc Group LLC, which is backed by Barneys New York owner Authentic and mall landlord Simon, agreed to make a ...

Read More »

Virus second wave may stall travel recovery, Ryanair warns

Bloomberg Ryanair Holdings Plc issued a stark assessment of the threat to airlines as they seek to rebound from the coronavirus crisis, saying it’s concerned that a series of local lockdowns followed by a second wave of infection will hold back the recovery from the pandemic. Ryanair kicked off earnings season for European carriers on Monday by posting a loss ...

Read More »

Delta targets virus tests for all employees

Bloomberg A program with Quest Diagnostics and the Mayo Clinic will “test virtually all employees in the next four weeks,” Delta said in a statement, outlining one of the more ambitious plans in corporate America. The carrier also told employees it would introduce at-home testing in the viral hot spots of Florida and Texas, as well as for workers based ...

Read More »
Send this to a friend