Two decades after Bolivarian caudillo Hugo Chavez remade Venezuelan politics in his own autocratic image, the country’s opposition finds itself in a familiar place: splintered and at each other’s throats. National Assembly leader Juan Guaido, hailed by foes of the Chavista regime and more than 50 countries as Venezuela’s legitimate leader, has stumbled. His enviable 63% approval rating upon taking ...

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 ...