The retailer Macy’s rejected a $5.8 billion takeover bid late Sunday that valued the struggling department store chain at roughly 20 percent above its closing share price on Friday, but suggested it was “open to opportunities.” The bidders, Arkhouse Management and Brigade Capital, are seeking to acquire Macy’s stock they do not already own at…
Bill Ackman’s Pershing Square Capital Management has reclaimed a spot on the list of the world’s 20 best-performing hedge funds nine years after falling out of the ranking. Pershing Square claimed the 20th spot after edging out Louis Bacon’s Moore Capital Management, according to research by LCH Investments. LCH said that the New York-based fund,…
The American land artist and designer Mary Miss was traveling in Europe in October when she received the kind of news that no one in her line of work wants to hear. One of her most significant artworks, owned by an Iowa museum, would need to be closed to the public because it had fallen…
The Federal Aviation Administration recommended late Sunday night that airlines begin visual inspections of door plugs installed on Boeing 737-900ER planes, the second Boeing model to come under scrutiny this month. The F.A.A. said the plane has the same door plug design as the 737 Max 9, which had 171 jets from its fleet grounded…
“Patriots,” a well-received British play about a Russian oligarch’s ill-fated role in the rise of Vladimir V. Putin, will transfer to Broadway in April, adding a dose of international intrigue to a packed spring season. The drama, which the critic Matt Wolf called “gripping” and “coolly unnerving” in a 2022 review of a London production…
Morgan Stanley’s board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank’s chief executive $37 million. On top of his $1.5 million base salary, Gorman received a cash bonus of just under $9 million, according to a regulatory filing Friday reviewed by Bloomberg….
Researchers from Devon believe healing properties of watercress could lead to new skin treatments.
It’s down to Trump and Haley now The effort to pick anyone but Donald Trump as the Republican presidential nominee took another big, if expected, blow on Sunday when Ron DeSantis dropped out of the race and endorsed the former president. (Other former hopefuls, including Vivek Ramaswamy and Tim Scott, have also endorsed Trump.) The…
A doctor used an Apple Watch to aid an elderly woman who suffered a medical emergency on a flight. NHS doctor Rashid Riaz, from Hereford, was travelling by Ryanair from Birmingham to Verona for a skiing holiday. During the journey on 9 January, the woman, in her 70s, experienced shortness of breath, with the cabin…
The Lakers shut down Cam Reddish for more than a week, hoping the time off would speed up his recovery from a left knee effusion injury. But in the middle of Reddish sitting out the last three games, he also recovered from a left groin injury that had been bothering him at times throughout the…
End of content
End of content