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Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...

14hBusiness Insidereconomics

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

10hBusiness InsiderTechnology

Executives' favorite explanation for spending big on AI: FOMO

JPMorgan's CEO Jamie Dimon Noam Galai via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . If you're ...

7hBusiness Insidereconomics

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

9hBusiness InsidereconomicsImpact

Elon Musk’s $1tn mega-bonus is now a meme

Expect the idea to pop up in more conventional boardrooms...

1dFinancial TimeseconomicsImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

1dBusiness InsidereconomicsImpact

PC shipments just grew unexpectedly amid RAM shortages

Lenovo is the top PC manufacturer worldwide. The PC market is bracing for a turbulent year ahead , but shipments managed to exceed expectations in the recent holiday quarter. IDC reports that shipment...

1dThe VergeTechnologyImpact

Macron brandishing 'threat of dissolution' as budget talks resume, although 'unlikely'

Crucial budget talks are resuming in French parliament, as MPs have failed to secure the 2026 budget in time last year. President Emmanuel Macron has brandished the threat of dissolution in case parti...

1dFrance 24PoliticsImpact

European ammunition maker gears up for €30bn IPO

Czechoslovak Group set to become one of Europe’s most valuable defence companies with Amsterdam listing...

1dFinancial TimeseconomicsImpact

Pentagon invests $1bn in US missile motor unit of defence group L3 Harris

Deal marks government’s first direct-to-supplier agreement but raises questions over conflict of interest...

1dFinancial TimeseconomicsImpact

Taiwan says ‘general consensus’ reached with US on trade deal

US media reports say tariffs will be cut to 15 percent in exchange for TSMC investment....

1dAl JazeeraPolitics

JPMorgan Chase’s profits fall 7% as investment bank fees disappoint

US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...

1dFinancial TimeseconomicsImpact

Powell sent senators details on $2.5bn Fed project following testimony

Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...

23hFinancial TimesPoliticsImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

14hSouth China Morning PosteconomicsImpact

Kraken-Linked SPAC Eyes $250 Million US Public Offering

KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....

1dDecryptcryptocurrency

Morning Minute: Financial Advisors Are More Bullish Crypto Than Ever

Allocations are up, personal holdings are up and recommendations are up across the board according to the latest Bitwise survey....

6hDecryptcryptocurrency

EU Crypto Exchange Bitpanda Eyes $5B IPO in 2026: Report

Bitpanda has reportedly tapped Goldman Sachs, Citigroup, and Deutsche Bank to work on the offering, planned for Frankfurt’s stock exchange....

7hDecryptcryptocurrency

Bitcoin Advocates Press US Lawmakers on Stablecoin Tax Rules

The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....

14hDecryptcryptocurrencyImpact

Morning Minute: Fidelity Calls Bitcoin 'Maturing,' Lays Out 2026 Bull and Bear Case

The financial services firm lays out a pretty straightforward bull case for Bitcoin as it matures—will it come to fruition?...

1dDecryptcryptocurrencyImpact

Franklin Templeton retrofits money market funds for tokenized stablecoin market

Franklin Templeton is amending institutional money market funds to support stablecoin reserves and onchain cash use without launching new crypto-native products....

1dCoinTelegraphcryptocurrencyImpact
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