Bloomberg Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff. Inventories rose $44.8 billion for companies on S&P consumer indexes with a market value of at least ...

  Bloomberg Ted Baker Plc gained on a report that Authentic Brands Group Inc is in talks with the UK fashion chain over a takeover bid worth about 300 million pounds ($379 million). Authentic Brands has indicated it’s willing to pay more than 150 pence per share for Ted Baker, Sky News reported, citing a person familiar with the situation. ...

  Bloomberg Norwegian Air Shuttle ASA reached an agreement in principle with Boeing Co for the purchase of 50 737 Max jets, to be delivered when the carrier’s existing leases end. The airline will take delivery of the planes between 2025 and 2028, according to a stock exchange filing. Norwegian expects to finalise the order, which also includes options for ...