Business

In a significant development in the retail sector, Nordstrom has officially announced its decision to transition to a private company. This strategic move comes after securing a buyout deal worth approximately $6.25 billion, backed by the company’s founding family and the Mexican retail giant, El Puerto de Liverpool. The proposal received unanimous approval from Nordstrom’s
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The workplace of the gig economy is often portrayed as flexible and liberating, yet increasingly, it has come under scrutiny for potential exploitative practices. A recent case involving Walmart and the work-scheduling platform Branch Messenger highlights the critical issues facing gig workers in terms of financial security and ethical business practices. This article examines the
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As political tensions rise, the Canadian automotive industry finds itself in the crosshairs of President-elect Donald Trump’s proposed trade policies, especially the suggested 25% tariffs on Canadian imports. This sweeping move raises significant alarm bells for stakeholders across the border, particularly in Ontario, which serves as the cornerstone of Canada’s automobile manufacturing. With major automakers
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On a bustling Tuesday morning, American Airlines was compelled to momentarily halt all U.S. flights due to a significant technical issue related to its operational systems. As the holiday travel season approaches, with expectations of unprecedented passenger demand, this disruption caused frustration among travelers nationwide. The ground stop, which was initiated around 7:00 a.m. ET,
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As the festive season approaches, it’s time once again to examine the expected evolutions within the media and entertainment industry for the year ahead. The traditional practice of making predictions offers insights into the minds of industry powerhouses, albeit under the veil of anonymity to encourage honest discourse. While last year’s forecasts didn’t hit the
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