Nordstrom To Be Acquired By Nordstrom Family And A Mexican Retail Group In A $6.25 Billion Deal

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of…MORE

Government Regulators Close Investigation Into Ford Focus Recalls

Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years in 2018 because they could lose power. The issue was a malfunctioning canister purge valve and software…MORE

Luigi Mangione Pleads Not Guilty to New York State Murder Plus Charges Re: United Healthcare CEO Manhattan Sidewalk Shooting

NEW YORK (AP) — The man accused of fatally shooting the CEO of UnitedHealthcare pleaded not guilty on Monday to murder and terror charges in a state case that will run parallel to his federal prosecution. Luigi Mangione, 26, was shackled and seated in a Manhattan court when he leaned over to a microphone to enter…MORE

A Man Was Shot and Killed by Police After Crashing Into a Crowded Central Texas Mall

(WBAP/KLIF) – KILEEN, TX – Several mall shoppers in Central Texas are recovering after a man drove his truck straight through the glass doors of a JC Penny store striking multiple people. According to law enforcement officials, a 19 mile police pursuit ended with the truck traveling several hundred yards inside of the JC Penny…MORE