Mergers and Acquisitions

Sears is selling its well-known Craftsman brand to Stanley Black & Decker Inc., which plans to grow the tool brand by selling its products at more stores.

The online retailer Jet.com, now owned by Wal-Mart, says it's acquired the footwear-shopping website ShoeBuy for about $70 million.

The online retailer Jet.com, now owned by Wal-Mart, says it's acquired the footwear-shopping website ShoeBuy for about $70 million.

Media company Meredith Corp has contacted Time Inc to express intent in a potential merger, Bloomberg reported, citing people familiar with the matter.

Artisanal charcoal will become the first legal Cuban export to the U.S. in recent history this month under a new deal announced Thursday between the Cuban government and the former lawyer for imprisoned U.S. government contractor Alan Gross.

Artisanal charcoal will become the first legal Cuban export to the U.S. in recent history this month under a new deal announced Thursday between the Cuban government and the former lawyer for imprisoned U.S. government contractor Alan Gross.

Sears, fighting for its survival, will sell Craftsman to Stanley Black & Decker.

Sears, fighting for its survival, will sell Craftsman to Stanley Black & Decker.

Power tool maker Stanley Black & Decker said it agreed to buy Sears Holdings' Craftsman tool brand for $900 million in cash.

Power tool maker Stanley Black & Decker said it agreed to buy Sears Holdings' Craftsman tool brand for $900 million in cash.

Online retailer Amazon.com and teen apparel store chain Forever 21 are among the companies weighing offers to acquire bankrupt American Apparel.

Online retailer Amazon.com and teen apparel store chain Forever 21 are among the companies weighing offers to acquire bankrupt American Apparel.

Macy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season.

Macy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season.

In another tweet targeting a U.S. company, President-elect Donald Trump is threatening to slap a tax on General Motors for importing compact cars to the U.S. from Mexico.

In another tweet targeting a U.S. company, President-elect Donald Trump is threatening to slap a tax on General Motors for importing compact cars to the U.S. from Mexico.

Officials say Guyana's sugar producers have missed this year's projections by 56,000 metric tons as they prepare to sell off or shutter industry facilities.

Officials say Guyana's sugar producers have missed this year's projections by 56,000 metric tons as they prepare to sell off or shutter industry facilities.

Cabela's say Bass Pro Shops' $4.5 billion deal to buy Nebraska-based the outfitter faces some new hurdles.