Mall owners Simon and Brookfield to acquire J.C. Penney out of bankruptcy despite ‘screaming matches’
J.C. Penney has reached a deal to sell itself to a group of mall owners and lenders in a move that would likely save the chain from liquidation.
J.C. Penney has reached a deal to sell itself to a group of mall owners and lenders in a move that would likely save the chain from liquidation.
CVS Health is hiring 50,000 workers and delivering bonuses to employees who are required to work on-site during the coronavirus pandemic.
Newspaper chain McClatchy, owner of publications such as the Miami Herald and Kansas City Star, filed for Chapter 11 bankruptcy protection Thursday.
Gannett, owner of USA TODAY and more than 250 other daily publications, appointed key executives following its merger with New Media Investment Group.
New Media Investment Group and Gannett finalized their merger and will pursue plans they believe will transform the company into a media powerhouse.
Shareholders cleared the way for USA TODAY owner Gannett and New Media Investment Group to merge, forming one of the nation’s largest media companies.
The CEO of Juul Labs has been ousted as the e-cigarette company remains embroiled in a crisis over its vaping products.
For people looking to buy a new General Motors car or truck, will showrooms still have enough vehicles with the company’s autoworkers on strike?
OxyContin maker Purdue Pharma is reportedly offering a settlement worth up to $12 billion to resolve claims over its role in the opioid crisis.
GateHouse Media owner and USA TODAY owner Gannett have agreed to merge in a deal aimed at cutting costs and enabling digital growth.