Canada’s Hudson’s Bay makes takeover approach for Macy’s: Report

Talks between the companies are at an early stage, one of the people said. The sources asked not to be identified because the negotiations are confidential. Hudson’s Bay said it does not comment on rumors or speculation, while Macy’s declined to comment....

As CEO and lawyer, Labor nominee Puzder dismissed regulation, prized machines over people

Decades before President Trump nominated him to be labor secretary, Andrew Puzder went to battle with federal labor regulators in a Las Vegas courtroom. The year was 1983, and Mr. Puzder was working at a law firm owned by a famous mob lawyer and casino owner whom the...

Lockheed’s F-35 deal ratchets up pressure to slash production costs

Lockheed Martin’s new deal with the Pentagon for F-35 fighters lowered the purchase price by nearly 8 percent yet should still be profitable for the defense contractor, according to industry analysts. That said, experts say Friday’s agreement —...

Business titans just huddled with Trump at the White House. Here’s what they discussed

President Donald Trump discussed trade, tax reform and immigration with some of the nation’s top CEOs on Friday in the first meeting of his business council at the White House. Blackstone CEO Steve Schwarzman, who chairs the council, told CNBC he saw...

Jobs Report: Trump Said Unemployment Rate Wasn’t Real. Here Are Some Other Options.

Jobs Report By NEIL IRWIN February 3, 2017 With the January jobs report released Friday by the Labor Department, we know that President Trump took office amid a relatively low unemployment rate (it ticked up to 4.8 percent in January), strong job growth...