The six-month long saga over the fate of Kohl’s Corp is heading towards a conclusion. The department-store chain has entered into a three-week exclusivity period with Franchise Group Inc on a potential $60 per share cash offer, valuing the retailer at about $8 billion, the two companies said. Kohl’s shares rose as much as 11% before closing up 8%. But ...

  Back in 2018, Pete Fussey, a sociology professor from the University of Essex, was studying how police in London used facial recognition systems to look for suspects on the street. Over the next two years, he accompanied Metropolitan Police officers in their vans as they surveilled different pockets of the city, using mounted cameras and facial-recognition software. Fussey made ...

  Back in February, when India was still in denial about its brewing inflation challenge, economists at Nomura Holdings Inc summarised the choices before the monetary authority into three neat boxes. First, they said, there was a 15% probability that the central bank was right to ignore supply-side pressures. But their base case, to which they assigned a 50% likelihood, ...