NEW YORK — Luxury seller Saks to be bought by Lord & Taylor owner Hudson Bay for $2.3B.
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World
The US ambassador to Japan says boosting arms industry ties is key to a stronger security alliance
The U.S. ambassador to Japan urged Tokyo on Tuesday to take a greater role in developing, producing and supplying weapons ''to enhance our collective security" amid conflict in Ukraine, Gaza and elsewhere.
Business
Bank of America's Q1 profits fall 18% on higher expenses, charge-offs
Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts' estimates.
Business
Pakistan and Saudi Arabia call for a cease-fire in Gaza, saying efforts so far are insufficient
Pakistan and Saudi Arabia on Tuesday called for an immediate cease-fire and uninterrupted delivery of humanitarian aid in Gaza.
Business
A top Federal Reserve official opens door to keeping rates high for longer
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank's key rate may have to remain at its peak for a while to bring down persistently elevated inflation.
Business
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller Roundup causes cancer.
