The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake.

JACKSONVILLE, Fla. – Edward Waters College unveiled a new academic space on its campus Wednesday, the latest of several recent improvements at the school. It’s a $4.3 million facility that includes new turf, lights, seats and a video board. School leaders called it a ‘transformative investment’ in the state’s oldest historically black college. Ever since it has been educating and inspiring students in Northwest Jacksonville, but the college is working to make a new future. College leadership is in the process of launching its first graduate program to become a university.