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Wizz Air to shut Doncaster base amid ‘travel squeeze’

  Bloomberg Wizz Air Holdings Plc said it will shutter its base in Doncaster, England, beginning from Friday after failing to secure guarantees over commercial terms at the airport, where it’s been flying since October 2020. The Budapest-based discount carrier said it will cancel all Wizz UK operations from the hub, known as Doncaster Sheffield, and that pilots and cabin ...

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Kohl’s shares increase on talks with Franchise over $8bn bid

  Bloomberg Kohl’s Corp shares rose in early trading after the retail chain and Franchise Group Inc said they entered exclusive talks on a potential $8 billion takeover deal. The companies said in separate statements that they entered a three-week exclusivity period to discuss Franchise Group’s offer to buy Kohl’s for $60 a share. Kohl’s shares rose 9% to $45.90 ...

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Amazon’s stock split delivers more than bargained for

Bloomberg Stock splits were all the rage early this year as indexes hovered near record highs, with companies from Amazon.com Inc. to Alphabet Inc announcing them to make their share prices more alluring to individual investors. A few months on, the market has taken care of the problem. Amazon is among companies whose stocks have tumbled since the moves were ...

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