Members of the Nordstrom family are teaming up with a Mexican retail group to offer to take the department store retailer private for $23 a share in cash, months after they first…
Tag: business
One more death in US, the 28th, is attributed to Takata air bag inflators that can spew shrapnel
DETROIT — Another death has been linked to dangerous Takata airbags by US regulators, the 28th in the US. The driver was killed in 2018 in Alabama in a Honda vehicle, the…
Mexico offers rides north for migrants with US asylum appointments
MEXICO CITY — Mexico will offer escorted bus travel from southern Mexico to the U.S. border for non-Mexican migrants who have received a U.S. asylum designation, the government announced Saturday. The National…
Los Angeles to pay $9.5M over 2018 death of woman during police shootout with gunman
LOS ANGELES — The city of Los Angeles will pay $9.5 million to settle a lawsuit from relatives of a woman fatally shot by police in LA during a shootout with a…
Oklahoma rodeo company blames tainted feed for killing as many as 70 horses
OKLAHOMA CITY — A nearly century-old Oklahoma company that supplies rodeos had as many as 70 horses die a week ago after being fed what one owner believes was contaminated feed. Rhett…
Consumers should immediately stop using this magnetic game, agency warns
NEW YORK — The Consumer Product Safety Commission is warning people to immediately dispose of a magnetic toy because it poses a serious ingestion risk to children. CPSC has posted a warning…
Orange County man sentenced in COVID glove fraud scheme
An Orange County man was sentenced to more than seven years in federal prison Friday after admitting he defrauded three companies out of $3 million for protective gloves that were promised but…
Italian prosecutors open shipwreck and manslaughter probe into superyacht sinking
ROME — Prosecutors in Italy said Saturday they have opened an investigation into the shipwreck and manslaughter of one superyacht capsized during a storm off the coast of Sicily, which killed seven…
Disney tasks Morgan Stanley’s James Gorman to lead CEO search
Walt Disney on Wednesday named board member and Morgan Stanley executive chairman James Gorman as chairman of its succession planning committee, which is looking for the next CEO. Disney won a month…
BMW recalling more than 720,000 vehicles due to water pump issue
BMW is recalling more than 720,000 vehicles due to a problem with the water pump electrical connector that could potentially lead to a fire. The National Highway Traffic Safety Administration said the…