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Ocado co-founder settles with firm over theft claim

Bloomberg British online food retailer Ocado Group Plc has settled its bitter legal fight with one of its co-founders, after he obtained confidential information to help set up a rival business. Ocado sued Jonathan Faiman as well as his business partner Jon Hillary, who also previously worked for the company, and their business Project Today Holdings Ltd for breach of ...

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Dozens of ex-Sears stores to hit market

Bloomberg The owner of former Sears stores is looking to sell as many as 50 properties as it tries to generate cash and focus on the development of other sites it owns. Seritage Growth Properties, a real estate investment trust that emerged from the Sears bankruptcy, wants to unload 40 to 50 sites that “were less interesting in terms of ...

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Donald Trump restarts rallies with list of grievances, insults

Bloomberg Former President Donald Trump opened his score-settling summer tour with a rally before thousands of supporters in Ohio, returning to his familiar script of grievances, exaggerated claims and support for loyal Republicans. The gathering outside Cleveland was Trump’s first public event to back candidates he favours for the 2022 midterms and work to unseat the 10 GOP members of ...

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