Finance
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Saks Owner Acquires Neiman Marcus, Creating a Luxury Retail Giant
The $2.65 billion deal with HBC, the parent of Saks Fifth Avenue, will put 75 stores in a single group.
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Judge Backs Challenge to F.T.C.’s Noncompete Ban, at Least for Now
Granting an injunction to several plaintiffs, a judge said the Federal Trade Commission’s pending ban on noncompete agreements was unlikely…
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How Reliant Is the U.S. on Avocados From Mexico?
A temporary halt on inspections by U.S.D.A. workers in Mexico on safety concerns highlighted how dependent the United States had…
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Rob Stone, Master Marketer of Hip-Hop, Is Dead at 55
A founder of the influential music magazine The Fader, he also bridged the worlds of hip-hop and the Fortune 500…
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If Not President Biden, Then Who?
Democrats and donors are pondering who could be the best alternative to take on Donald Trump after faltering attempts to…
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A Ban on Elephant Hunting Has Collapsed. Or Maybe It Never Existed.
Five bulls from the area around a Kenyan wildlife reserve have been shot and killed in Tanzania in recent months.
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How to Choose the Right Tour Group
Tour companies that offer multiday trips arrange most everything for you: lodging, sightseeing, food and transportation. But group size, style…
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America’s Divided Summer Economy Is Coming to an Airport or Hotel Near You
The gulf between higher- and lower-income consumers has been widening for years, but it is expected to show up especially…
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Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn
Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according…
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Student Loan Borrowers Owe $1.6 Trillion. Nearly Half Aren’t Paying.
Millions of people are overdue on their federal loans or still have them paused — and court rulings keep upending…