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 ...
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 ...
Due to increased demand for hardware from AI data centers, 2026 was already going to suck for anyone looking to upgrade or build a gaming PC. Now it looks like things are getting even worse, as the RT...
Bill Gross Mary Hurlbut/Stu News Laguna Bill Gross says the record stock rally needs fresh support to sustain its momentum. "Valuation casts a shadow over markets in 2026," the bond billionair...
Sona and Mariam Sulakian. Filevine Legal tech giants like Harvey and Filevine are buying startups to add new features to their software. The consolidation is driven by increased demand for legal softw...
Las Vegas saw a decline in visitors last year. Westend61/Getty Images Crazy Horse 3 in Vegas said it's seen a 55% increase in dancer auditions, including first-timers. Las Vegas tourism declined last ...
In Uvira, in eastern Democratic Republic of Congo, conflict has severely impacted the local economy. In mid-December, the border with neighbouring Burundi closed after M23 rebels captured the city. Sm...
European governments blasted US President Donald Trumpâs announcement that eight countries will face 10% tariff for opposing American control of Greenland beginning next month. Denmark, Norway, Sweden...
Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...
Billionaire wealth surged at three times âits recent pace âlast year to reach its highest level on record, deepening economic and political divides that threaten democratic â stability, anti-poverty gr...
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...
Major retailers typically have several in-house brands. Costco just has one: Kirkland Signature. Kevin Carter/Getty Images Costco sells a lot of brand-name goods at a lower unit price than typical ret...
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...
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...
Trump on Saturday threatened to impose more tariffs on eight European nations until the US is allowed to buy Greenland, citing US national security concerns. EU governments are drawing up retaliatory ...
Nvidia CEO Jensen Huang Steve Marcus/REUTERS Nvidia CEO Jensen Huang noted a key difference between tasks and your job's broader purpose. AI automates tasks but preserves the purpose of many jobs in k...
State-owned China Telecom has developed the countryâs first artificial intelligence models with the innovative Mixture-of-Experts (MoE) architecture that are trained entirely on advanced chips from Hu...
UBS Group conveyed a sanguine outlook on Chinese stocks in 2026, as the worldâs second-largest economy proved to be an important alternative for global investors seeking to diversify away from US equi...
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...
French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...
The economy has changed a lot in the first year of Trump's second term. Alex Wong/Getty Images Donald Trump just wrapped up the first year of his second term as president. Business Insider examined ho...