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Hudson’s Bay mulls strategic options for Lord & Taylor

Bloomberg Hudson’s Bay Co said it’s pursuing strategic options for the struggling Lord & Taylor chain, including a potential sale or merger, as the Canadian retailer refocuses on its best performing units such as Saks Fifth Avenue. CEO Helena Foulkes says the move “is another example of how we are exploring options to position HBC for long-term success.” Hudson’s Bay ...

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Boeing pushes to move crash suits from Chicago to Indonesia

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Bloomberg Faced with lawsuits over a plane crash half a world away, Boeing Co is arguing it shouldn’t have to defend itself in a courtroom a short walk from its corporate headquarters. The world’s largest planemaker has indicated in court filings that it’s likely to request that cases on behalf of victims in the October crash of a 737 Max ...

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Amazon casts itself as friend, not foe, of small businesses

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Bloomberg Amazon.com Inc, seeking to portray itself as a job creator fueling small-business innovation rather than an out-of-control corporate beast that needs to be tamed, said it helped mom-and-pop companies create 1.6 million jobs in 2018, up from 900,000 the year before. The company released a report, during National Small Business Week, for circulation to elected officials as part of ...

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