Bloomberg Deutsche Lufthansa AG’s management will face investors on Tuesday as the company races to finalise terms of a multibillion-euro bailout from the German government. Over the weekend, Chief Executive Officer Carsten Spohr told employees that the discussions are moving towards a conclusion. The bailout is expected to stretch to 10 billion euros ($11 billion), with the state likely to ...

Bloomberg Blue Bell Creameries Inc, a Texas-based ice cream maker, agreed to plead guilty and pay $19.35 million in fines for shipping frozen treats tainted with listeria in 2015 and deliberately failing to disclose the contamination to the public, the US Department of Justice said. The company’s former president, Paul Kruse, was charged with seven felony counts related to the ...

Bloomberg High-end cookware chain Sur La Table Inc is preparing for a potential bankruptcy filing after the pandemic forced it to close stores and cancel cooking classes, according to people familiar with the matter. The chain, with about 125 stores, is also pursuing a sale, said the people, who asked not to be identified because the process isn’t public. For ...