The Latest

Apollo Global Management will take over craft retailer Michaels in a deal that values the company at $3.3 billion. (Wikipedia Commons, iStock)
National

Craft retailer Michaels to go private in $5B deal

Retailer Michaels has something new on the craft table: a takeover deal from Apollo Global Management. Amid a DIY...

Craft retailer Michaels to go private in $5B deal
(Getty)
National

Disney will shutter dozens of brick-and-mortar stores

Even Mickey Mouse isn’t safe in the pandemic. Walt Disney Company plans to close 60 Disney Store locations across...

Disney will shutter dozens of brick-and-mortar stores
Century 21 president Marc Benitez (LinkedIn; iStock)
National Weekend Edition

Return of the retailer: Century 21 relaunches

Attention shoppers: Century 21 is coming back. The New York-based discount retail chain that built a loyal following but...

Return of the retailer: Century 21 relaunches
The American Dream mall in East Rutherford, New Jersey (Getty)
Tri-State

Bonds for troubled American Dream mall up 25% this year

Municipal bonds issued for the American Dream mall in 2017 were hammered as the pandemic and other problems plagued...

Bonds for troubled American Dream mall up 25% this year
Brian Kingston of Brookfield Property Partners (left) and Bruce Flatt of Brookfield Asset Management
National Issue

Brookfield’s internal affairs

There are several reasons why taking Brookfield Property Partners private might be a bad deal. The company’s investors lose a lucrative dividend, hundreds of millions of dollars’ worth of fees to its parent Brookfield...

Brookfield’s internal affairs
Marcus Samuelsson and his Red Rooster restaurant in Miami’s Overtown (Getty, Google Maps)
New York

New York restaurateurs decamp to South Florida

It’s not just New York City residents who have migrated to South Florida in the past year. Business owners,...

New York restaurateurs decamp to South Florida
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