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Investing

Saks files for bankruptcy as luxury market struggles

January 15, 2026

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

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Investing

Warner Bros. Discovery rejects Paramount’s amended takeover offer

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…
Investing

Trump Media to merge with nuclear fusion company

December 20, 2025
Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued…
Investing

Shopify says a daylong Cyber Monday outage has been resolved

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…
Investing

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

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…
Investing

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

December 3, 2025
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules…
Investing

Apple’s AI chief abruptly steps down

December 3, 2025
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at…
Investing

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

December 2, 2025
PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster…
Investing

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

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…
Investing

Stock market sinks as AI and interest rate worries grip investors

November 24, 2025
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of…
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