The president has a bad weekend in Tulsa, but other developments show how he still has a path to reelection. Also, it's hotter in the Arctic Circle than it is in Miami.

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Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
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