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Hudson Bay is anchor investor in Bed Bath & Beyond share sale

Bloomberg Hudson Bay Capital Management is the anchor investor of the share sale by Bed Bath & Beyond to stave off bankruptcy, according to people with knowledge of the matter. The embattled retailer lined up investors for an eleventh-hour cash infusion that would allow it to keep operating outside of Chapter 11 protection, Bloomberg previously reported. Hudson Bay, a New ...

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Boeing plans to slash 2,000 jobs

  Bloomberg Boeing Co. plans to trim about 2,000 finance and human resources jobs, part of an initiative to slim its corporate structure while bolstering the manufacturing workforce. The reductions will take place companywide and will be accomplished through layoffs and attrition, Boeing said in an emailed statement. Potentially affected workers haven’t yet been told if they will lose their ...

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Zelenskiy hails UK support ahead of Russian offensive

Bloomberg Ukrainian President Volodymyr Zelenskiy made a surprise visit to the UK, only his second confirmed trip outside the country since the war began, as Prime Minister Rishi Sunak announced more training for Ukrainian troops and new help for fighter jet pilots. Zelenskiy arrived on a Royal Air Force plane before heading into London to meet Sunak in Downing Street ...

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