US Business News

Protests Over Burberry CEO Pay

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Shareholders in fashion house Burberry protested over the pay and perks package of CEO Christopher Bailey, less than three months after he replaced Angela Ahrendts as she left for Apple.

Barry's Bootcamp Considers Options

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Barry's Bootcamp, a group fitness chain that counts celebrities among its clients, is considering strategic options including a sale or capital raise, according to people familiar with the matter.

Cargill Sunflower Plant in Ukraine Seized

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Cargill Inc. said its sunflower-seed processing plant in eastern Ukraine has been seized by "armed individuals" amid escalating violence.

Airbus Plans More Efficient A330

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Airbus is telling customers that it is planning its upgraded A330 widebody jet to be 14% more fuel-efficient, able to fly farther and carry more passengers, according to people familiar with the details.

NHTSA Probes Steering in Ford Models

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The National Highway Traffic Safety Administration has launched an investigation into a potential flaw in up to 500,000 Ford Motor vehicles that could lose steering control.

Partners in Talks to Sell Scorpion Jets

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Textron and AirLand Enterprises are in advanced talks to sell as many as 100 Scorpion combat jets—developed by the partners on their own dime—in an unusual move for military aircraft.

Alibaba Set to Start on Path to IPO

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The firm shared a timetable with some current investors through an email, people familiar with the matter said.

Google Faces New Search Complaint

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Yelp says Google is promoting its own content at the expense of users, as Google battles to protect a proposed deal in Europe over similar concerns.

Embraer in Talks to Sell 60 Planes

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Brazilian airplane maker Embraer is in talks to sell as many as 60 airplanes to Chinese airlines, Brazilian trade minister Mauro Borges said in an interview.

Plane Makers See Profit in Big Jets

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Boeing and Airbus are building increasingly bigger planes, as a pickup in air travel has airlines eager to carry more passengers without having to add flights.

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