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…
Netflix on Friday announced it has secured exclusive rights in the U.S. to the FIFA Women’s World Cup in 2027 and 2031.…
Troubled discount furniture and home decor retailer Big Lots will initiate going-out-business sales at its remaining locations after a…
OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year.…
President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary,…
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately,…
Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting…