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Thursday, January 17, 2019

Lampert wins Sears bankruptcy auction with $5.2 billion bid

Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved offer of $5.2 billion, Sears said on Thursday, allowing it to keep its more than 400 stores running.


from Reuters: Business News https://reut.rs/2RApDeg

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IMF warns Trump's plans could backfire on the US

Trump's policies could benefit the US, but not the rest of the world, the IMF says from BBC News https://ift.tt/PbD8yOI