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(Bloomberg) -- The owner of Saks Fifth Avenue is acquiring Neiman Marcus Group for $2.65 billion — a deal that will unite America’s two largest high-end department-store chains in a bid to grab a bigger share of a slowing industry.Most Read from BloombergBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsHouse Democrats Consider Demanding Biden Withdraw From RaceNewsom Shocks California Politics by Scrapping Crime...

The Astro for Business robot, which was sold for $2,349.99, was designed to provide round-the-clock business monitoring...

Five magnificent businesses have the sustained catalysts and competitive advantages necessary to make their patient shareholders richer -- even if the artificial intelligence (AI) bubble bursts...

We recently compiled a list of the 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. In this article, we are going to take a look at where Amazon.com Inc (NASDAQ:AMZN) stands against the other AI stories. Are Growing Patents in AI from China a Threat to the US? China and […]...

(Bloomberg) -- Amazon.com Inc. will partner with the Australian government for a cloud data system to handle top secret information, in a move that Canberra says will improve the nation’s cyber capabilities and deepen security cooperation with the US.Most Read from BloombergBiden Struggles to Contain Mounting Pressure to Drop Out of RaceHouse Democrats Consider Demanding Biden Withdraw From RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysKamala Harris Is Having a Surpr...

After years of speculation, Hudson's Bay Co. has reportedly reached a deal to purchase Saks' luxury department store rival...