(Bloomberg) Macy’s Inc. said it received nine nominations to its board from Arkhouse Management Co., the activist investor leading an effort to acquire the department-store company.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersYour 401(k) Will Be Gone Within a DecadeA $6 Trillion Wall of Cash Is Holding Firm as Fed Delays CutsMacy’s s
(Bloomberg) — Big tech dragged the stock market away from its all-time highs, with Wall Street awaiting Nvidia Corp.’s earnings on Wednesday for confirmation the chipmaker can meet the lofty expectations set by the artificial-intelligence boom. While the ongoing earnings season has so far reaffirmed the view that Corporate America is holding up well, the…
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Macy’s, Inc. (NYSE: M) shares were fairly flat Tuesday amid new developments. The department-store giant announced today that its Board of Directors has received notice from Arkhouse Management Co. LP that it has nominated nine individuals to stand for .