Nordstrom, a century-old department store, is about to be taken private by the Nordstrom family and a Mexican retail group. This $6. 25 billion deal is a significant move in a tough retail landscape dominated by discount chains and online giants like Amazon. The family behind the brand believes that
Senate Republican Leader Mitch McConnell, 82, had a fall during the Senate Republican lunch on Tuesday. The cause and severity of the fall are still unknown. Two medical responders briefly visited his office but have since left. Newly elected Senate Republican Leader John Thune, who will take over f
Some big names in business are making waves before the stock market opens. Lululemon's shares jumped by 9% after they did better than expected in the last quarter and gave an okay outlook for the holidays. Samsara, a software company, saw its stock drop by 9% because their future plans weren't as ex
In an unexpected turn of events, several major health insurance companies have made changes to their websites following a tragic incident. UnitedHealthcare, Anthem Blue Cross Blue Shield, and Elevance Health have all removed their leadership pages. This action comes after the CEO of UnitedHealthcare
Airbus has decided to stick to its plan of delivering 770 aircraft in 2024, even though it's facing some big problems with its supply chain. This news came after the company reported better-than-expected earnings for the third quarter. Airbus made €1. 41 billion before interest and taxes, which was
Early Tuesday, an Israeli strike in northern Gaza's Beit Lahiya town killed at least 34 people. The target was a five-story building sheltering displaced Palestinians. Over half of the victims were women and children. This happens amidst a major Israeli operation in the area, which has lasted over t
CVS Health has made a change at the top, with David Joyner taking over as CEO from Karen Lynch. This move comes as the company grapples with waning profits and a sliding stock price, which has dropped by nearly 20% this year alone. Shares fell by another 13% on the day of the announcement. Higher me
CVS Health has a new captain at the helm. David Joyner steps up to replace Karen Lynch as CEO, hoping to navigate the company through rough waters. The health care giant has been struggling a lot this year, with its stock dropping by about 19%. It's been a tough time for major pharmacy chains, compe
Hezbollah has faced many challenges since its founding in 1982. The group fought a long war with Israel, eventually liberating southern Lebanon in 2000. In 2005, Syria withdrew its troops from Lebanon under international pressure, leaving Hezbollah to fill the void. This wasn't easy, given Lebanon's
WeightWatchers is undergoing a significant change in its leadership structure. Sima Sistani, the company's CEO for over two years, has stepped down, paving the way for Tara Comonte to take over as interim CEO. Comonte, a board member and former Shake Shack executive, has been tasked with improving t
