Activist investor pushes Macy’s to expand Bloomingdale’s business, create real-estate unit
Activist investor Barrington Capital unveiled its investment in Macy's on Monday, urging the retailer to explore options for its Bloomingdale's and Bluemercury businesses and create a separate real estate division within the company. Macy's stock rose 4% Monday morning. The exact size of Barrington's within Macy's is unknown. Barrington partnered with real estate firm Thor […]
IDF Kills Head of Islamic Jihad Rocket Unit in Gaza
The Israel Defense Forces (IDF) announced on Friday that it had killed the head of a rocket unit of the Iranian-backed terrorist group Palestinian Islamic Jihad, which operates in the Gaza Strip and took part in the October 7 attack. The IDF and the Israel Security Agency (ISA, Shin Bet, and Shabak) reported in a […]
Ten babies die in fire at Indian hospital’s neonatal unit
A fire broke out in a neonatal intensive care unit in northern India, killing 10 newborns from burns and suffocation, government officials said Saturday. The fire broke out late Friday at the Maharani Laxmibai Medical College in Jhansi district, about 290 miles southwest of Uttar Pradesh's capital Lucknow. India's capital introduces stricter pollution control measures […]
FTC to investigate Microsoft’s cloud unit on antitrust concerns
The Federal Trade Commission is reportedly preparing to investigate Microsoft's cloud computing business as antitrust efforts continue at full throttle in the final weeks of the Biden administration. The agency, headed by Commissioner Lina Khan, filed a complaint alleging that the company is abusing its market power by enforcing conditions that prevent users from moving […]
Boss of Bank of America worker who died after logging 100-hour weeks loses oversight of lucrative unit
A embattled Bank of America executive has been stripped of responsibility for a key money-making division — months after a high-profile outcry over the overwork death of a junior banker within the division. Gary Howe, the fiery boss of Wall Street giant Financial Institutions Group (FIG), lost oversight of the fintech investment banking team in […]
Knicks ripe for choice if ‘lost’ Josh Hart lands on second unit
Josh Hart hinted Friday night that he might be able to rediscover his do-it-all role by returning to the second unit, but now that he's started four of the revamped Knicks' five preseason games, He claims that he has “no idea” what that is. If Hart returns to the bench — there has been no […]
Boeing ousts Ted Colbert, head of troubled space unit after Starliner debacle
Boeing Co. announced Friday that the head of its embattled defense, space and security division is leaving the company effective immediately. In her first major change since taking the job in August, Boeing's new CEO, Kelly Ortberg, said Ted Colbert would step down and that Steve Parker, the division's chief operating officer, would take over […]
An inside look at Israel’s special forces rescue unit fighting terrorists, rescuing hostages: ‘Full on Fauda’
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Jets’ revamped offensive line looks like an improved unit
If you're a cynic, you might see Alijah Vera-Tucker's description of the Jets' offensive line as “the best team I've been a part of since I got in the league” as a compliment. During Vera Tucker's three seasons in the NFL, the Jets weren't the world's best forwards. In 2023, injuries have decimated a line […]
Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit – Yahoo Finance
