Bloomberg Ted Baker Plc’s top management quit and the UK fashion chain suspended its dividend, triggering a plunge in the shares to the lowest since 2003. The power vacuum leaves Ted Baker floundering as it tries to contain the fallout from allegations against its founder, Ray Kelvin, and the overstatement of unsold goods. The shares fell as much as 36% ...

Bloomberg A former Boeing Co. manager who raised concerns about poor-quality production of the 737 Max will testify before a House committee investigating safety issues raised by two fatal crashes involving the plane. Ed Pierson warned senior Boeing colleagues in 2018 about what he said were overworked employees and repeated quality issues in building the newest model of 737s. Pierson ...

Bloomberg South African Airways (SAA), national airline that’s entered a form of bankruptcy protection, may only be offered 5% of the $60 million that its owed by Zimbabwe in funds from ticket sales and hasn’t been able to extract from the country. The central bank’s Monetary Policy Committee plans to “reject the majority of debts” owed to institutions, a move ...