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Airbus agrees to settle bribery cases for $3b in three countries

Bloomberg Airbus SE reached an agreement to settle long-running bribery investigations in the UK, France and the US in a deal that could cost the European airplane manufacturer in the range of $3 billion. A final agreement could be announced as early as this week, according to people familiar with the matter. The preliminary deal remains subject to approval by ...

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Sainsbury to spend $1.3bn on 2040 net zero carbon target

Bloomberg J Sainsbury Plc said it will spend 1 billion pounds ($1.3 billion) on a plan to reach net zero greenhouse-gas emissions by 2040. The UK grocer intends to halve plastic packaging by 2025, reduce food waste and lower its water usage, according to a statement on Tuesday. It will also install LED lights in stores, use more electric vehicles ...

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Kroger-backed grocery chain Lucky’s files for bankruptcy

Bloomberg Lucky’s Market, a Colorado-based grocer that bills itself as offering “organic for the 99%,” filed for bankruptcy after it began closing most of its stores. About 3,000 jobs are at stake. The company listed assets of as much as $500 million and liabilities of at least that amount in a bankruptcy petition filed in Delaware. Lucky’s operated 39 stores ...

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