Bloomberg A Danish pension fund said it will exit its $3 million stake in Wizz Air Holdings Plc after talks failed to resolve concerns surrounding the discount carrier’s labor practices. AkademikerPension, which manages around $23 billion, said Monday that it will sell the stock after Wizz rebuffed a plea for it to recognize staff rights concerning freedom of association ...

  Bloomberg It’s an age-old question: “Business or pleasure?” For airline passengers these days, the answer increasingly is both. The growth in so-called “bleisure” trips blending personal getaways with remote work has helped fill seats on planes during the coronavirus pandemic and marks a shift in travel patterns for an industry used to clear divisions between briefcase-toting road warriors and ...

  Bloomberg US retailers are bracing for more returns than usual, adding stress to an industry already grappling with increasing labor costs and supply-chain issues. Shoppers are expected to return more than $761 billion in merchandise sold last year, representing about 16.6% of total US retail sales, according to a survey of retailers. That’s up from 10.6% during 2020. Fraudulent ...