Jinjoo Lee

Such businesses started seeing signs of belt-tightening from their core customers earlier this year.

After multiple failed attempts, the Nordstrom family—with the help of another investor—is finally taking their namesake department store private.

Walmart, Amazon and Costco are growing faster than the rest of retail and investing to stay ahead.

Walmart, Amazon and Costco are growing faster than the rest of the industry and investing to stay ahead

Lab-grown diamonds are gaining share, but they might be too cheap and large. Natural diamonds are losing their sparkle. What will it take to restore it?

Constellation Energy, the owner of America’s biggest nuclear power fleet, is buying the owner of the largest natural-gas-fired power fleet. The deal is a win-win for both parties and highlights just how much fortunes have shifted for once-ignored power stocks. Constellation on Friday announced that it will buy privately held Calpine for $29.1 billion, including $12.7 billion of net debt.

As power generators such as Vistra soar, oil-and-gas giants are dipping their toes into a business where they have some natural advantages.