Hudson's Bay Co., owner of Saks Fifth Avenue, has expressed its interest in buying Neiman Marcus that would exclude the latter's debts.
Retail experts say the reason why retail giants like Nordstrom, Neiman Marcus and Kmart have decided to pull out the Trump brand from their stores is mostly business-related.
Hong Kong lost its status as a global financial hub amidst shifting rankings and regulatory hurdles. Read the implications of China's tightening grip and cross-border capital flow uncertainties.
Tuesday saw a spike in the value of several "meme stocks," or businesses whose valuation is driven more by social media talk than by more conventional economic factors like growth and profitability.
Hong Kong's business ecosystem has caused the EIU to downgrade it to ninth place and the Global Financial Centers Index to rank it fourth.
You could find yourself rushing to lower the thermostat's setting more frequently if scorching temperatures are predicted.
Citing fears about espionage, US President Joe Biden has ordered a Chinese-owned bitcoin miner and its partners to sell land they hold close to a US nuclear missile station.
Due to a budget deficit, Social Security may not be able to provide retired Americans with their full payments in around ten years.
House Speaker Mike Johnson was among a group of close Republican allies of Donald Trump who showed up in the Manhattan criminal courthouse on Tuesday to express support for the former president while his attorneys tried to discredit the key witness in the "hush money" trial.
Have you ever wondered what happens when you return clothing, a coffee machine, or other purchases to online stores like Amazon?
According to a recent report, the retail industry is struggling as it deals with consumers who are tired of paying for inflation and a wave of bankruptcies.
American airlines have filed a lawsuit to prevent the Biden administration from imposing more transparency on the fees that they charge their customers.
