Bloomberg Chuck Gregorich, who sells China-made patio furniture on Amazon.com Inc expects to lose as much as $2 million in sales this year due to factory closings and other coronavirus-related slowdowns. So he’s cutting his ad spending on Amazon and thinking about raising prices to avoid running out of inventory. The sudden shift in sales tactics by merchants like Gregorich ...

Bloomberg Creditors of Jet Airways India are seeking court action to save the bankrupt carrier from liquidation as a key deadline looms. Lenders to Jet Airways plan to request an Indian court extend a mid-March deadline for creditors to agree on a resolution plan or allow the carrier go into liquidation, said people familiar with the matter. Potential buyers of ...

Bloomberg US airlines posted the biggest two-day drop in more than three years on deepening fears that the spread of the coronavirus will further stymie travel. American Airlines Group Inc led the decline, tumbling the most on the S&P 500 and reaching the lowest since its 2013 merger with US Airways. President Donald Trump’s administration is considering whether to adopt ...