Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition. Public companies are under a lot more scrutiny and if ...
TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world's third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a ...
Government safety regulators said Monday they have closed an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. In 2018, Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years because they ...
WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to President Joe Biden, who opposes the deal. The Committee ...
WASHINGTON (AP) — The economic and technological rivalry between the United States and China has come to the drone market, where Chinese-made flying devices are a dominant player. Lawmakers in Washington are seeking to ban new sales of drones from two dominant Chinese manufacturers, arguing ...
LOS ANGELES (AP) — For nearly 40 years, customers flocked to Party City for Halloween costumes, favors for children's birthday parties and decorations for New Year's Eve celebrations. Now, the go-to shop for everything from cartoon-themed balloons to Super Bowl decor is closing ...
