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Categories Economy

Saks files for bankruptcy as luxury market struggles

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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Categories Economy

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

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Categories Economy

Trump Media to merge with nuclear fusion company

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

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Categories Economy

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

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Categories Economy

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

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Categories Economy

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

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Categories Economy

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 termination

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Categories Economy

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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Categories Economy

Bitcoin and other crypto assets sink in flight from risk

November 24, 2025

Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors

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Categories Economy

Bargain hunters drive Walmart sales and outlook higher

November 22, 2025

Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping

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