Saks Owner in Talks to Buy Neiman Marcus
The private-equity firms that own Neiman Marcus are in discussions to sell the struggling retail chain to rival Hudson’s Bay, owner of Saks Fifth Avenue.
The private-equity firms that own Neiman Marcus are in discussions to sell the struggling retail chain to rival Hudson’s Bay, owner of Saks Fifth Avenue.
Intel sent a fresh shock wave through the automotive supply chain, becoming the latest tech giant to gobble up a specialized car components supplier. It may be the type of big bet needed to populate roads with self-driving vehicles.
Volkswagen CEO Matthias Müller fueled speculation about a potential alliance with Fiat Chrysler when he said he was open to talks with the rival auto maker.
Carlos Ghosn, who reinvigorated Nissan but shattered cultural norms with aggressive downsizing that earned him the title “Le Cost Killer,” is getting ready to turn over the helm of the Japanese automaker. He talks to The WSJ about his next move and how he leads three companies at once.
President Trump heads to Detroit Wednesday, a trip coinciding with the EPA’s expected reversal of an Obama administration decision to lock in tougher targets for tailpipe emissions.