Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of…
The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this…
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into…
The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it…
Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as they…
If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year…
Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn…
If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year…