Saks Global has successfully completed its $2.7 billion acquisition of Neiman Marcus Group, bringing together some of the most renowned luxury retail brands in the United States. This high-profile deal…
Business
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NYC Launches Heated Sidewalk Pilot Program to Improve Winter Safety December 18, 2024 New York City has begun testing heated sidewalks in select areas of Midtown Manhattan and Downtown Brooklyn…
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Business
Omnicom and Interpublic Group Announce Major Merger; Arthur J. Gallagher Expands with AssuredPartners Acquisition
In a bold move set to reshape the advertising landscape, Omnicom Group Inc. and Interpublic Group of Companies (IPG) have announced plans to merge in an all-stock transaction valued at…
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The first week of December 2024 marked a slight increase in U.S. mergers and acquisitions (M&A) activity, with 997 deals announced, up from 991 in November. While this indicates a…
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New York City, November 29, 2024 – Black Friday shopping was in full swing across New York City today, as eager shoppers packed retail stores to take advantage of deep…
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In a controversial economic decision, President-elect Donald Trump announced immediate tariffs on imports from three key trading partners: Canada, Mexico, and China. The tariffs, set at 25% for goods from…
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The COP29 summit, held in Baku, Azerbaijan, concluded with a landmark agreement that promises to significantly bolster global efforts against climate change. Wealthy nations committed to a groundbreaking $300 billion…
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The outcome of the 2024 U.S. presidential election, in which Donald Trump claimed victory, sent shockwaves through financial markets, triggering an impressive rally. Investors quickly reacted to the prospect of…
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The earnings reports from two of the largest tech giants, Amazon and Apple, created a stark contrast in their quarterly performances, showcasing how different segments of the technology industry can…
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The 16th BRICS summit, held in Kazan, Russia, from October 20 to 26, 2024, served as a key platform for discussing the shifting dynamics of global geopolitics and expanding economic…