Bloomberg Amazon.com Inc. has been ordered to close a facility outside Toronto for two weeks as public health officials worry about rising Covid-19 cases inside the complex. While the rate of Covid-19 infection has been falling in the Peel region in the past few weeks, the rate inside the Brampton, Ontario, fulfillment center “has been increasing significantly,” the local health …

Bloomberg Joann Inc., the fabric and craft store, and selling shareholders raised about $131 million in an initial public offering (IPO) a decade after being taken private by buyout firm Leonard Green & Partners. The IPO fell short of the Hudson, Ohio-based company’s goal of raising as much as $186 million. Joann sold about 11 million shares for $12 each after …

Bloomberg Cathay Pacific Airways Ltd. reported a net loss of HK$21.65 billion ($2.8 billion) for 2020, a period the carrier described as “the most challenging 12 months of its more than 70-year history” as the coronavirus pandemic brought unprecedented disruption to global air travel. The outlook isn’t much better, according to Chairman Patrick Healy, who said “it is by no …