Bloomberg Hennes & Mauritz AB is expanding into the business of textile-sorting as it forms a venture to deal with waste in the fashion industry. The Swedish retailer has created a joint venture with recycling company Remondis with the aim of extending the life of about 40 million garments in 2023. The business, called Looper Textile Co, will collect ...

Bloomberg Ikea’s path to achieving its 2030 climate goals is paved with the usual tactics, including boosting renewable energy use and reducing the climate footprint of its materials. But tucked among those challenges is a rather unexpected carbon culprit: the glue that holds some of the flat-pack furniture giant’s most popular products together. The adhesive Ikea uses to make its ...

  Bloomberg US authorities have opened an investigation into a United Airlines Holdings Inc flight that dropped toward the Pacific Ocean shortly after taking off from Hawaii in December. The National Transportation Safety Board said in a tweet that it will formally review the incident, which didn’t result in any injuries. It expects to have a preliminary report ready in ...