2019

Hudson’s Bay executive leads bid to take retailer private

A group of shareholders of Saks Fifth Avenue’s parent has made a cash offer to take the struggling department store chain private. The offer, announced Monday, is being led by Hudson’s Bay Executive Chairman Richard Baker, Rhone Capital LLC, WeWork Property Advisors, Hanover Investment SA and Abrams Capital Management. The proposal values the company at

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Over 180 CEOs Sign Full-Page NYT Ad That Declares Abortion Bans Are ‘Bad For Business’

Nearly 200 CEOs signed a full-page New York Times ad published Monday that urges companies to stand up for reproductive rights in the face of ongoing abortion bans in states across the U.S. “Equality in the workplace is one of the most important business issues of our time. When everyone is empowered to succeed, our companies,

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Salesforce to Buy Tableau in $15.3 Billion Deal, Its Biggest Acquisition

Salesforce, the cloud computing pioneer, will buy the big data firm Tableau Software for $15.3 billion, the company announced Monday, marking the biggest acquisition in its history as it looks to offer more data insights to its clients. Tableau, based in Seattle, has more than 86,000 customers, including tech heavyweights like Verizon Communications and Netflix.

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Trump Defends ‘Beautiful’ Tariffs as a Negotiating Tactic

President Trump on Monday defended his administration’s decision to threaten a number of trading partners like Mexico with tariffs, calling tariffs a “beautiful thing” and asserting that a trade deal with China was close because of his aggressive policies. “The China deal is going to work out,” Mr. Trump said in a telephone interview with

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