Bloomberg Singapore Airlines (SIA) shares fell after the carrier unveiled a plan to raise about S$8.8 billion ($6.2 billion) to contend with the devastating impact of the coronavirus pandemic. The company will issue S$5.3 billion in new stock at S$3 apiece, 54% lower than the last closing price last week, as well as convertible bonds, according to a statement. State ...

Bloomberg LVMH said revenue for the last quarter dropped 10% to 20%, compared with the same period last year, as its luxury brands temporarily closed stores and shoppers tightened their wallets due to the coronavirus pandemic. The French luxury-goods maker will disclose first-quarter results on April 16. The company said the outbreak’s full impact “cannot be accurately calculated at this ...

Felecia Rotellini’s father, who is 104, was incensed when his family took away his car keys two years ago. He was born in a Wyoming company town that no longer exists because the coal company that owned the town is long gone. The town of Cambria, and elsewhere in Wyoming, had many coal-mining immigrants from Italy, including some relatives of ...