Macy's has rejected a $5.8 billion offer from Arkhouse Management and partner Brigade Capital Management to take over the retailer.
Sectors
China Moves to Strengthen Chinese Yuan as Stock Markets Plunge: Report
China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.
BioNTech Embarks on Breast Cancer Precision Drug Late-Stage Trial, Challenging AstraZeneca
BioNTech and its partner Duality Biologics have launched a late-stage trial to test their precision drug against a specific type of breast cancer, challenging a rival partnership between AstraZeneca and Daiichi Sankyo.
Apple Vision Pro Sold Out After Preorders, But Demand Could Quickly Fizzle Out, Top Analyst Warns
A top Apple analyst warned that Apple Vision Pro, which immediately sold out after preorders opened Friday, could face a downturn in demand.
Wilson Tennis Rackets Maker Amer Sports Eyes Up to $8.7 Billion Valuation in US IPO
Amer Sports, the maker of Wilson tennis rackets, is targeting an up to $8.7 billion valuation for its upcoming US initial public offering (IPO).
Latest News
Russia's state-owned news agency RIA said the West could lose $288 billion if they decide to confiscate frozen Russian assets to help rebuild Ukraine.
Despite its pivotal role, a positive workplace culture is frequently overlooked due to the relentless pursuit of profits. Seeking to address this oversight, David Baxter, the CEO and Founder of Motivational Dreamers and national speaker, shares valuable insights in his seminars.
Russia's President Vladimir Putin has initiated a search for properties that once belonged to its former empire or were previously owned by the Soviet Union.
President Joe Biden has announced an additional $5 billion in debt cancelation for some 74,000 student loan borrowers.
Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors.
In a regulatory filing, Microsoft disclosed that a Russian intelligence group accessed the email accounts of some of the software maker's top executives.
China's yuan has ousted the US dollar as the most traded currency in Russia in 2023. China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
To avert a looming partial government shutdown, Congress passed a short-term spending bill on Thursday.
Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new CEO. Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new Chief Executive Officer (CEO), effective February 5.
