Kohl’s: Buyout offers undermine value of business
Wisconsin-based Kohl’s says recent offers to purchase the department store chain undervalue its business and is moving to head off hostile takeovers.
US employers shrug off omicron, add 467,000 jobs in January
U.S. employers added a burst of 467,000 jobs in January despite a wave of omicron inflections, but unemployment ticked up.
Ohio car dealer Bernie Moreno ends bid for U.S. Senate seat after speaking with Trump
Moreno, 54, had been vying for the GOP nomination to succeed Sen. Rob Portman, a Republican who announced last January that he will not seek reelection.
FTC bans marketer after ‘stimulus,' prize giveaway promos for car dealerships
The FTC in October ruled 4-0 that Traffic Jam Events and owner David Jeansonne violated the Federal Trade Commission Act and the Truth in Lending Act over promotional mail sent on behalf of dealerships.
U.S. House approves bill to 'supercharge' chip output, counter China
Despite Republican opposition, the Democratic-majority House backed the “Competes Act,” a multibillion-dollar package aimed at increasing American competitiveness with China and boosting U.S. semiconductor output.