Sears CEO's Hedge Fund Offers $400 Million for Kenmore Brand

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Sears CEO's Hedge Fund Offers $400 Million for Kenmore Brand

Edward Lampert, the chief executive of Sears Holdings Corp., has offered to buy the company's Kenmore brand for $400 million in cash, according to a letter Mr. Lampert sent to Sears's board.
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Turkey Boosts Tariffs Amid US Feud

Turkey on Wednesday announced tariff hikes on a range of U.S. goods in the latest back-and-forth move amid a deteriorating relationship between the two countries.
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China Freezes Game Approvals Amid Agency Shakeup

China's regulators have frozen approval of game licenses amid a government shake-up, according to people familiar with the matter, throwing the world's biggest gaming market into disarray.
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Helios And Matheson Remains A Strong Sell After Q2 Results

After the bell on Tuesday, MoviePass owner Helios and Matheson Analytics (HMNY) released a 10-Q filing which detailed Q2 2018 results.
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Y Combinator is launching a startup program in China

U.S. accelerator Y Combinator is expanding to China after it announced the hiring of former Microsoft and Baidu executive Qi Lu who will develop a standalone startup program that runs on Chinese soil.
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