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A women’s apparel company that caters to price-conscious consumers announced the closure of 120 retail stores by the end of the fiscal year. The Cato Corporation, parent company of Cato Fashions, operates more than 1,000 women’s apparel and accessories stores across 31 states. The slated closures account for more than 10%…

Ian O. Lesser, distinguished fellow at the German Marshall Fund of the United States, believes the summit between US President Donald Trump and Chinese President Xi Jinping was largely about “symbolism” and finding ways to “manage rivalry” between the two leaders. ADVERTISEMENT ADVERTISEMENT The visit, the first by a Chinese…