British Prime Minister Theresa May won the political battle to launch Brexit talks, but the question of exactly when the negotiations with the European Union will take place remains unanswered.
Two months after its IPO, luxury retailer Neiman Marcus is considering strategic options, including a sale, as it seeks relief from its swelling debt pile. Neiman Marcus has total liabilities of $6.4 billion, including $1.2 billion of deferred income taxes.
The number of people filing their taxes with the IRS is running well below last year. These numbers are usually flat year to year, so this is a sign that something unusual’s going on.
A letter seen by Reuters revealed that activist hedge fund CIAM has criticized plans by Walt Disney to take full control of debt-laden Paris theme park operator Euro Disney.