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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 ...

1dBusiness 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 ...

1dBusiness InsiderTechnology

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

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

1dFinancial TimeseconomicsImpact

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....

2dAl 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...

2dFinancial 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...

1dFinancial TimesPoliticsImpact

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

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. ...

1dSouth China Morning PosteconomicsImpact

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....

23hDecryptcryptocurrency

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....

1dDecryptcryptocurrency

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....

1dDecryptcryptocurrencyImpact

Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In

Analysts debate whether Bitcoin will follow gold's scarcity-driven surge or take a more volatile path due to structural market differences....

3hDecryptcryptocurrencyImpact

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

Solana ETFs Draw in $23.6M, Hitting a Four-Week High

U.S. spot Solana ETFs notched their highest netflow in four weeks, but experts say it’s not enough to warrant a trend shift....

29mDecryptcryptocurrency

Zcash Foundation Says SEC Ends Investigation With No Enforcement Action

The Zcash Foundation is the latest crypto organization to say the SEC has backed off, joining the likes of Coinbase and Ripple....

19hDecryptcryptocurrencyImpact

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

Bitcoin miner CleanSpark broadens AI, HPC footprint with Texas acquisition

The company’s move closer to artificial intelligence and high-performance computing followed many others repurposing some of their infrastructure away from mining crypto....

17hCoinTelegraphTechnologyImpact
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