Bloomberg Kohl’s, under pressure by activist investors, gave an optimistic outlook for the year while reporting weaker-than-expected sales in the fourth quarter. The company is expanding its venture with cosmetics chain Sephora after a shop-in-shop concept drove higher sales at participating locations. Kohl’s executives added on a call with analysts that Sephora is attracting new customers who are younger ...

Bloomberg Libyan lawmakers’ plan to install a new government faced turmoil after gunmen seized two of the proposed ministers, escalating a standoff that risks reigniting conflict in the OPEC member. The incoming foreign affairs and culture ministers were taken by unidentified men while en route to the eastern city of Tobruk, according to a statement from the office of Fathi ...

Bloomberg Finland’s President Sauli Niinisto will visit President Joe Biden in Washington, DC, on Friday, just as the debate on joining Nato has intensified in the Nordic country after its neighbor Russia invaded Ukraine. The presidents are set to discuss Russia’s attack, its impact on security in Europe and bilateral cooperation between the countries, Niinisto’s office said in a statement ...