Bloomberg Deutsche Lufthansa AG’s fleet of Airbus SE A380 jets will be mothballed for at least two years and may never return to service as demand for long-haul travel remains subdued in the wake of the coronavirus outbreak. With Lufthansa already retiring about half of its 14 superjumbos, remaining jets will be relegated to its secondary hub in Munich. Flights ...

Bloomberg The parent of New York & Co is preparing for a bankruptcy filing that would include plans to shut all of the discount apparel chain’s stores, according to people with knowledge of the matter. RTW Retailwinds Inc, which also owns Fashion to Figure and Happy x Nature, warned earlier this month that a bankruptcy filing was probable, citing a ...

Bloomberg A group of banks led by Goldman Sachs Group Inc may launch a $5 billion debt offering for United Airlines Holdings Inc as soon as Monday, according to people with knowledge of the matter. Goldman Sachs has started discussions with investors to gauge their level of interest, said the people, who asked not to be named because the talks ...