A familiar band of fixers may be coming to JC Penney’s rescue. Can they do it again? Major mall operators Simon Property Group Inc. and Brookfield Property Partners LP, along with Authentic Brands Group LLC, are in talks to buy the bankrupt department store chain, Bloomberg News reported. This coalition has taken similar action before, rescuing teen clothing retailer Aeropostale ...

Life isn’t about finding perfect solutions but making difficult trade-offs. So it is with the contact-tracing apps that are proliferating faster than I can keep up with. In Germany’s newly launched “Corona App”, it has got several trade-offs wrong, and should have learned from the experience of nimbler countries like Singapore. The goal, of course, is the same for all ...

The Federal Reserve realises that it doesn’t have to buy US corporate bonds, right? I ask this question only somewhat in jest. In a surprise move, the central bank announced that it would start to buy individual company bonds under its $250 billion Secondary Market Corporate Credit Facility, specifically by following a diversified index of US corporate bonds created expressly ...