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    Saks files for bankruptcy as luxury market struggles

    by admin January 16, 2026
    January 16, 2026

    The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled…

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  • Business

    Warner Bros. Discovery rejects Paramount’s amended takeover offer

    by admin January 11, 2026
    January 11, 2026

    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…

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  • Business

    Trump Media to merge with nuclear fusion company

    by admin December 21, 2025
    December 21, 2025

    Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at…

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  • Business

    Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

    by admin December 4, 2025
    December 4, 2025

    Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and…

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  • Business

    Apple’s AI chief abruptly steps down

    by admin December 4, 2025
    December 4, 2025

    Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple…

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  • Business

    Shopify says a daylong Cyber Monday outage has been resolved

    by admin December 4, 2025
    December 4, 2025

    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…

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  • Business

    Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

    by admin December 4, 2025
    December 4, 2025

    MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4…

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  • Business

    Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

    by admin December 4, 2025
    December 4, 2025

    Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’ for…

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  • Business

    Airbus says most of its recalled 6,000 A320 jets are now modified

    by admin December 2, 2025
    December 2, 2025

    PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than…

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  • Business

    Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

    by admin November 29, 2025
    November 29, 2025

    Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination…

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