Amazon is reported to be in the run to acquire American Apparel's bankrupt business.
The rumored deal immediately raised speculation about Amazon's growing ambitions in the fashion business.
But an acquisition of the struggling clothing retailer could also help Amazon by solving one of the biggest problems it currently faces: tension with president-elect Donald Trump.
Trump, who frequently criticized Amazon during his campaign, won his way to the White House in large part by promising to keep US manufacturing jobs in the country. He claims some of his recent deals with Carrier and Ford helped save thousands of jobs from moving overseas...Read more...