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 ...
Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...
Avala Global was launched by Divya Nettimi in 2022. imagedepotpro/Getty Images Divya Nettimi's $2 billion Avala Global has lost more personnel, Business Insider has learned. The firm returned 22.1% la...
Fisayo Che, the founder of fashion brand Elisamama, counted on Saks for more than half of her business. The company's bankruptcy has left her questioning a yearslong partnership. Courtesy of Fisayo Ch...
Sony has announced that it's spinning off its home entertainment electronics business into a joint venture with rival TV maker TCL. The two companies plan to sign agreements by March 2026 that would g...
Mike and Darlene Person. Courtesy of JDM Whipz Siblings Michael Rumph and Darlene Person built JDM Whipz, a profitable Turo car rental fleet. JDM Whipz grew to 13 vehicles in Atlanta by reinvesting pr...
Nvidia CEO Jensen Huang Markus Schreiber/AP Nvidia CEO Jensen Huang pushed back on criticism of the chipmaker's investment structures. Huang said its latest investment in CoreWeave was not a circular ...
Ryanair CEO Michael O'Leary at Wednesday's press conference. Brian Lawless/PA Images via Getty Images Ryanair is escalating its feud with Elon Musk by hand-delivering an airline ticket. CEO Michael O'...
An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...
CEO James Quincey said fiber might be the next thing for its drinks. Denis Thaust/SOPA Images/LightRocket via Getty Images Coca-Cola CEO James Quincey said customers might see fiber creep into the com...
Universal basic income provides recurring cash payments, no strings attached. Wong Yu Liang AI advances could widen wealth gaps, which has prompted calls for a universal basic income . UBI offers recu...
Victor Riparbelli Synthesia Victor Riparbelli, CEO and cofounder of Synthesia, shares his daily routine. Synthesia is an AI video creation platform. The company just raised a $200 million Series E rou...
Michael Burry Jim Spellman/WireImage Michael Burry says AI is a bubble so big that it will tank the market and economy when it pops. The "Big Short" investor said the government will try to he...
FG Trade/Getty Images CEOs are struggling to turn AI investments into returns, according to a new PwC survey. Having a strong AI foundation is more likely to boost returns, the results showed. But onl...
Cartier is expected to keep gaining momentum in 2026. Yuriko Nakao/Getty Images First-time watch buyers are reshaping the luxury watch market with new purchasing trends in 2026. Younger consumers favo...
Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...
Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...
Community donations at Smitten Kitten (left and right), and BabyBel Mozzarella the cat (middle), are supporting Minnesotans. Mikayla Stanek (Smitten Kitten); Vanessa Beardsley (Catzen) January is typi...
Department stores, then and now. Bettmann/Getty Images ; Kamil Krzaczynski/Getty Images Department stores have changed dramatically over the last 100 years. Department stores once sold necessities. No...
The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion. ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI This post originally appeared in the Business In...