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.

Teamsters launching historic nationwide strike against Amazon

The Teamsters have launched the largest strike against Amazon in U.S. history, with workers walking out at major facilities nationwide. The strike, beginning Dec. 19, demands higher wages, better benefits, and safer working conditions.

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.

Proposed merger of Kroger, Albertsons is halted by federal, WA judges

The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the merger.

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.

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.

Vodka maker Stoli Group USA files for Chapter 11 bankruptcy

Stoli Group USA is 'currently facing significant balance sheet and liquidity challenges,' according to a court filing.

Is Enron making a comeback? Here's what we know

Enron, the Houston-based corporation that once dominated the energy sector before its infamous collapse in 2001, now claims to, according to its website, focus on sustainability, innovation, and ethics in addressing critical energy challenges.

Trump's proposed tariffs could drive up food prices, experts say

A critical concern among economists is that President-elect Donald Trump's proposed blanket tariffs on imports would drive up food prices.