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Do Kohl’s activists have a point?

Many investors have left department stores for dead. But a coalition of activists sees potential in one such retailer — Kohl’s Corp. — as it overhauls its board. A group consisting of Macellum, Ancora, Legion Partners and 4010 Capital said that it aims to install a slate of nine new directors at the struggling retailer, attributing years of weak sales ...

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EU leaders’ Covid-19 vaccine diplomacy fails

It was encouraging to see G7 leaders including France’s Emmanuel Macron, Germany’s Angela Merkel and the UK’s Boris Johnson all on the same page when it came to Covid-19 vaccines last week. With the US back in the fold of global health cooperation as a member of the 92-country Covax initiative, they all agreed to help distribute doses around the ...

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Top court puts Trump’s tax returns in play

Donald Trump and his lawyers have routinely argued that the former president would be subjected to “irreparable harm” if his tax returns landed in unfriendly hands. The Supreme Court disagreed, and refused to block a subpoena that local prosecutors in New York had issued for the records. This doesn’t mean Trump’s returns will suddenly appear online. They’re going to a ...

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