ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a …
Read More »Sears CEO to keep retailer afloat
Bloomberg Sears Holdings Corp. Chief Executive Officer Eddie Lampert is opening his wallet once again to help keep the struggling retailer in business, a move that could help placate vendors after an uncertain holiday season. Lampert, a hedge fund manager and Sears’s biggest investor, will offer a $200 million letter of credit to the department-store chain through affiliates of …
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