Macy’s will close these five stores following layoffs of more than 2,300 employees

[ad_1] A ‘Barron’s Roundtable’ panel provides insight on investing in Macy’s, Nordstrom and Gilead Sciences. Macy’s will close five locations permanently. The closures come as part of a move first reported Thursday by the Wall Street Journal that includes the retailer eliminating about 2,350 jobs.  INVESTOR GROUP LAUNCHES $5.8 BILLION BUYOUT BID FOR MACY’S “As…

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Weekend Business News Roundup January 20, 2024

[ad_1] More than 250 billionaires and millionaires have signed on to an open letter calling for wealth taxes to pay for public services around the world. “If elected representatives of the world’s leading economies do not take steps to address the dramatic rise of economic inequality, the consequences will continue to be catastrophic,” the letter…

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New law meant to catch money launderers could catch many small business owners in Colorado off guard

[ad_1] A new federal law requires almost every business entity in Colorado to register with the Treasury Department’s Federal Crimes Enforcement Network or face steep penalties. The Corporate Transparency Act is meant to catch money launderers, but it applies to LLCs, DBAs, and corporations no matter how small they are. Under the law, everyone who…

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