Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of…… MORE
Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years in 2018 because they could lose power. The issue was a malfunctioning canister purge valve and software…… MORE
NEW YORK (AP) — The man accused of fatally shooting the CEO of UnitedHealthcare pleaded not guilty on Monday to murder and terror charges in a state case that will run parallel to his federal prosecution. Luigi Mangione, 26, was shackled and seated in a Manhattan court when he leaned over to a microphone to enter…… MORE
(WBAP/KLIF) – KILEEN, TX – Several mall shoppers in Central Texas are recovering after a man drove his truck straight through the glass doors of a JC Penny store striking multiple people. According to law enforcement officials, a 19 mile police pursuit ended with the truck traveling several hundred yards inside of the JC Penny…… MORE
PHOENIX (AP) — Donald Trump is suggesting that his new administration could try to regain control of the Panama Canal. He says the United States “foolishly” ceded it to its Central American ally. And he contends that shippers are being charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific…… MORE