JC Penney Co has a fresh shot at returning itself to retailing relevance. The department store chain said it had reached an agreement to be rescued from bankruptcy by mall operators Simon Property Group and Brookfield Property Group in a deal valued at $1.75 billion. But is this the best outcome? There are upsides to sparing this mall stalwart from ...

It’s the Tiffany T bangle versus the Louis Vuitton Neverfull bag. Tiffany & Co filed a lawsuit against LVMH Moet Hennessy Louis Vuitton SE seeking to undo the French luxury group’s decision to abandon its $16 billion takeover of the company. Now LVMH is counter-attacking, moving to sue the jeweler over its handling of the Covid-19 crisis. The twist elevates ...

President Donald Trump’s poll numbers are bleak. No matter the outcome in November, however, on at least one issue his side can declare victory: The era of free trade, already on the wane, is officially over. It has been replaced by a new “America first” industrial policy, which even Trump’s Democratic opponent, former Vice President Joe Biden, has now embraced. ...