Bloomberg Bitcoin’s not yet having a happy new year. A sell-off in the largest digital token pushed the price below $7,000 on January 2. Bitcoin dropped as much as 4% to fall to its lowest level since mid-December, according to Bloomberg data. Bitcoin is coming off an eye-catching 2019, which saw it gain close to 95% despite repeated bouts of ...

Bloomberg Hudson’s Bay Co chairman Richard Baker raised his offer to take the struggling retailer private, handing a victory to minority shareholders including Catalyst Capital Group Inc that fought to derail the original bid. Hudson’s Bay said in a statement it agreed to a new bid by Baker and a group of allies, who together control the company. The offer ...

Bloomberg Just before Christmas last year, a trip to Nintendo Co’s flagship store in Tokyo would have required an hour’s wait just to get in and buy a plush Mario toy or a set of chopsticks bearing Luigi’s face. Opened in November on the sixth floor of the renovated Shibuya Parco shopping mall, the constantly packed 300-square-metre showcase exhibits the ...