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Should retailers like Kohl’s and Macy’s break themselves up?
Luke Sharrett/Bloomberg/Getty Images

Should retailers like Kohl’s and Macy’s break themselves up?

For years, the future of the department store has been in doubt, as shoppers abandon malls and instead opt to scoop up dresses, appliances and accessories online. But some investors believe they’ve found a clever way for these once-mighty brands to move forward. What’s happening: Activist shareholders are increasingly pushing retailers to spin off their…MORE

The Ashes: Australia and England look to put off-field problems to one side as fierce rivalry reignites

The Ashes: Australia and England look to put off-field problems to one side as fierce rivalry reignites

Australia and England take to the field for the first Test on Wednesday of the highly-anticipated Ashes series, with both teams burdened by off-pitch scandals in recent weeks. Considered by some the pinnacle of cricket, The Ashes, is five-Test series of contests between the two powerhouses and is the sport’s oldest rivalry. Beginning in 1882,…MORE

NASA launches laser demo that could revolutionize space communication
Goddard Space Flight Center/NASA

NASA launches laser demo that could revolutionize space communication

The use of invisible lasers in space may sound like something from science fiction, but it’s real. NASA’s Laser Communications Relay Demonstration could revolutionize the way the agency communicates with future missions across the solar system. These lasers could lead to more high-definition videos and photos from space than ever before, according to the agency.…MORE

How to become more resilient, according to the research

How to become more resilient, according to the research

As the pandemic stretches on, our collective ability to weather adversities and bounce back to emotional stability is being challenged daily. Many of us have suffered significant trauma from illness, hospitalization and death. Many more have experienced job loss, economic uncertainly and financial instability. And everyone has had to cope with an unprecedented uprooting of…MORE

How a Bannon lawyer with civil rights creds became a Trump world go-to
Tom Williams/CQ-Roll Call/Sipa USA/FILE

How a Bannon lawyer with civil rights creds became a Trump world go-to

David Schoen has stepped forward to represent conservative firebrand Steve Bannon in his contempt of Congress case after two previous stints defending self-proclaimed “dirty trickster” Roger Stone, and even former President Donald Trump. But Schoen insists politics is not playing into his decision. Instead, Schoen says his three-decade-long career as a civil rights attorney made…MORE

Former CDC director: What’s next with Omicron and the pandemic?
Jim Watson/AFP/Getty Images

Former CDC director: What’s next with Omicron and the pandemic?

On Thanksgiving morning, Covid reminded us that neither death nor mutations take a holiday. And while the virus gathers strength, a pandemic of pandemic fatigue undermines our ability to stop the virus. The newly discovered Omicron variant quickly led to border closures, a stock market plunge, and a collective sigh of despair: Will the pandemic…MORE

American Airlines CEO Doug Parker is retiring

American Airlines CEO Doug Parker is retiring

Doug Parker will retire as CEO of American Airlines in March, handing over the top job at the nation’s largest airline to Robert Isom, currently the company’s president. Parker, 60, will remain as chairman of American after stepping down as CEO. American had struggles with service problems this year as it tried to respond to…MORE

Exclusive: Elizabeth Warren blasts Hertz for $2 billion stock buyback while jacking up rental car prices
David Paul Morris/Bloomberg/Getty Images

Exclusive: Elizabeth Warren blasts Hertz for $2 billion stock buyback while jacking up rental car prices

Hertz has gone from bankruptcy court to buybacks in the span of five months. And Senator Elizabeth Warren is not happy about it. The Massachusetts Democrat wrote Hertz a letter Monday calling the company out for rewarding shareholders with up to $2 billion in stock buybacks despite skyrocketing rental car prices. Warren questioned why Hertz…MORE

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