Nordstrom to be acquired by Nordstrom family and a Mexican retail group for $6.25 billion

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.

The Container Store files for Chapter 11 bankruptcy

The Container Store has filed for bankruptcy amid a weaker housing market and a growing availability of cheaper alternatives.

Party City closing after 40 years in business

Party City CEO Barry Litman said it was 'necessary to commence a wind down process immediately.'

Here's how much PTO workers say they ideally want

Most Americans admit that they don’t use much of their vacation days from work, but say they are willing to pay for extra time off based on a new survey.

ABC, Trump settle defamation lawsuit

ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit.

Alex Jones retains Infowars for now after judge denies The Onion's winning auction bid

Alex Jones’ Infowars was up for sale as part of his bankruptcy case amid money courts are ordering him to pay for falsely claiming that the deadly Sandy Hook Elementary shooting was a hoax.

Federal judge temporarily halts Kroger, Albertsons proposed merger

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.

Here are the cities with the least sustainable credit card debts

Americans living in these cities are experiencing a high amount of credit card debt which could take them a longer time to pay off, according to a recent study.

Trump nominates Fiserv CEO Bisignano for Social Security commissioner

President-elect Donald Trump on Wednesday announced his nomination of Fiserv CEO Frank Bisignano for Social Security Administration commissioner.

China announces ban on rare minerals to US: What that means for you

The Chinese Commerce Ministry made the move after the U.S. expanded a list of Chinese companies subject to export controls like computer chip-making equipment and software.

Cargill to lay off thousands of workers amid falling commodity prices

The largest private company in the U.S. is trimming its global workforce as it faces pressure related to lower commodity prices.

Trump vows to block Nippon Steel’s $14B takeover of US Steel

President-elect Donald Trump pledges to stop Nippon Steel’s $14 billion purchase of U.S. Steel, emphasizing national security and domestic ownership concerns.