Bloomberg Businessweek: Macy’s Rejects $5.8 Billion Takeover Offer
Bloomberg Intelligence Senior Retail Analyst Mary Ross Gilbert discusses Macy’s saying that it isn’t interested in a bid from Arkhouse Management Co. and Brigade Capital Management to take over the retailer. Bloomberg Opinion Columnist Bill Dudley, former President Federal Reserve Bank of New York, shares his thoughts on monetary policy ahead of the upcoming FOMC meeting and Bloomberg News International Economics & Policy Correspondent Michael McKee breaks news on the results of the Federal Reserve’s inspector general’s investigation into trading by former Fed officials at the height of the pandemic. Boris Jordan, Executive Chairman at Curaleaf, talks about looking for a rebound year for the cannabis industry in 2024. And we Drive to the Close with Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.