Hudson's Bay losses deepen as Lord & Taylor suffers

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Hudson's Bay losses deepen as Lord & Taylor suffers

(Reuters) – Hudson’s Bay Co on Thursday posted a wider-than-expected loss as it closed some stores and sales at its Lord & Taylor unit fell, adding to pressure on the struggling department store chain as its chairman seeks to take it private. The owner of Saks …
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Nelson Peltz Likes the Look of American Plumbing

(Bloomberg Opinion) — Nelson Peltz’s latest investment target is a big, slow-moving target with a massive bullseye on its back. The renowned U.S. activist has zoned in on Ferguson Plc, a plumbers’ merchant formerly known as Wolseley. His gripe is that the …
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EU's Political Twister Seen Delaying Choice of New ECB President

Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes. European Union
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Does Sriracha have a new recipe now? Beloved company begins fiery legal battle

Huy Fong Foods’ iconic Sriracha hot sauce is tasting a little different these days to some of its diehard fans. The California-based company that has been delivering that addictively spicy flavor around the world has never employed sales or marketing people to …
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Navarro Urges Mexico to Curb Migrants Ahead of Tariff Hike

“The most important thing is for the Mexican government to take the asylum seekers,” Navarro said in an interview on Bloomberg TV in Washington.
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