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    Saks files for bankruptcy as luxury market struggles

    • January 16, 2026
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    The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy…
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    Warner Bros. Discovery rejects Paramount’s amended takeover offer

    • January 11, 2026
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    Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media…
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    Trump Media to merge with nuclear fusion company

    • December 21, 2025
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    Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the…
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    Shopify says a daylong Cyber Monday outage has been resolved

    • December 4, 2025
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    Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber Monday’ shopping day. Some merchants that…
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    Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

    • December 3, 2025
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    Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced…
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    Airbus says most of its recalled 6,000 A320 jets are now modified

    • December 2, 2025
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    PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines…
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    Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

    • November 29, 2025
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    Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination follows a lawsuit filed in Michigan by…
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    Bitcoin and other crypto assets sink in flight from risk

    • November 24, 2025
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    Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on…
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    Bargain hunters drive Walmart sales and outlook higher

    • November 22, 2025
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    Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it…
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    What AI bubble? Nvidia’s strong earnings signal there’s more room to grow

    • November 21, 2025
    • admin
    U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in…
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      • Trump administration cites forced labor concerns as grounds for new tariffs
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