Donald Trump storms out of court as closing arguments begin in the E. Jean Carroll defamation trial in New York
Donald Trump storms out of court as closing arguments begin in the E. Jean Carroll defamation trial in New York
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Macy’s Rejects Takeover Bid, but Remains ‘Open to Opportunities’
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…
Keeping a Midlife Crisis From Wrecking Your Retirement Plan
The midlife crisis is easy to poke fun at — especially if it’s someone else’s. The stereotype, as portrayed in movies and on TV, is familiar: A middle-aged man has a meltdown upon turning 40 and ditches his wife for a younger woman and a sports car. Or maybe just the car. In real life,…
Bill Ackman’s Pershing Square named one of world’s top hedge funds
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Burger King employees tell customers ‘You rule,’ give them crowns
At BK, having it you’re way now comes with a crown. Burger King employees have been ordered to tell customers “You rule” and to offer them a cardboard crown as a gesture of thanks for ordering a whopper or anything else on the menu. The Florida-based fast food chain is planning to send monitors to…
JetBlue, Spirit Airlines to appeal judge’s ruling that blocked $3.8B merger
JetBlue Airways and Spirit Airlines said Friday they will appeal a federal judge’s ruling that blocked the air carriers’ planned tie-up because the proposed merger would violate US antitrust law. The appeal came after US District Judge William Young in Boston on Tuesday sided with the Department of Justice in holding that JetBlue’s planned $3.8 billion acquisition of ultra-low-cost carrier Spirit was anti-competitive…