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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 ...

Jan 14Business Insidereconomics

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...

Jan 13Financial TimeseconomicsImpact

Why Democrats are gearing up to oppose a bill to curtail stock trading in Congress

"This bill is a scam. It is not a congressional stock trading ban," Rep. Alexandria Ocasio-Cortez told Business Insider. Tom Williams/CQ-Roll Call, Inc via Getty Images A GOP-backed bill to cu...

5dBusiness InsiderPoliticsImpact

Elon Musk’s SpaceX lines up 4 banks for blockbuster IPO

Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley set to take lead on listing...

7hFinancial TimeseconomicsImpact

Norway’s oil fund defends push to water down net zero

Global warming means hope of limiting increase to 1.5C is now ‘unrealistic’, says NBIM’s head of governance...

3dFinancial TimesenvironmentImpact

EV companies have one big problem — countries that can't keep their policy straight, says top BYD exec

A top BYD executive says countries are slowing the EV transition by changing policy too often. Asad/Xinhua via Getty Images Policy changes are slowing the global EV transition, a top BYD exec says. Co...

2dBusiness InsiderautomotiveImpact

Wall Streeters reveal their favorite AI tools and what they use them for

ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...

12hBusiness InsiderTechnologyImpact

Venture Global prevails in dispute with Repsol over supply contracts

Spanish energy group accused US LNG exporter of breaching deal to profit from market turbulence during Ukraine invasion...

23hFinancial Timeseconomics

White House sets tariffs to take 25% cut of Nvidia and AMD sales in China

Semiconductor levies are designed to enact a deal Donald Trump cut with chipmakers to allow shipments of AI processors...

Jan 14Financial TimesPoliticsImpact

Strive, Semler Stocks Fall After Shareholders Approve Bitcoin Treasury Acquisition

Semler Scientific shareholders approved Strive's acquisition in an all-stock deal, but both Bitcoin treasury stocks dropped on the news....

Jan 13DecrypteconomicsImpact

How SharpLink Plans to Grow in 2026 After Amassing Nearly $3 Billion in Ethereum

Ethereum treasury firm SharpLink Gaming intends to lead the way when it comes to publicly traded firms productively using their ETH....

Jan 13DecryptcryptocurrencyImpact

David Ellison shakes up Paramount's data and insights team as his tech vision comes into focus

David Ellison's Paramount Skydance is putting data and insights front and center. Patrick T. Fallon/AFP via Getty Images David Ellison is making data a key pillar of Paramount Skydance. Paramount is b...

4hBusiness InsiderTechnologyImpact

Germany news: Industry lobby slams Trump's Greenland demand

Germany's trade and industry lobby say Trump's Greenland demand is "blackmail" and "unacceptable" and warn that giving in will only lead to further "ludicrous" demands. Follow DW....

5dDeutsche WellePoliticsImpact

'Not just trade': The EU-Mercosur megadeal

As the EU's share of the global market slips, the Mercosur deal could unlock access to critical raw materials. It's also indicative of a wider EU economic pivot....

5dDeutsche WelleeconomicsImpact

David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery

David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...

Jan 15Business Insidereconomics

I made over $30,000 from my side hustles this year. The extra money is great, but I felt like I never stopped working.

The author has a corporate job but also freelances as a writer and teaches mahjong. Courtesy of the author Freelance writing for various media outlets and teaching mahjong helped me generate over $30,...

Jan 15Business InsiderlifestyleImpact

Germany's farms are failing despite high food prices

As Berlin's Green Week, the largest international agriculture fair, kicks off, German farmers raise the alarm over price pressure from retailers and international trade agreements like the impending E...

6dDeutsche WellePolitics

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...

1dBusiness InsiderPoliticsImpact

Want a promotion? It might pay to use AI

Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...

Jan 15Business InsiderTechnologyImpact

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 ...

Jan 14Business Insidereconomics
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