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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 ...

4dBusiness Insidereconomics

Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

2dBusiness InsidereconomicsImpact

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...

4dFinancial TimesPoliticsImpact

Tesla to stop selling FSD as a standalone package and switch to subscription only

Tesla Model Y electric vehicles (EV) at a dealership in Colma, California, US, on Tuesday, July 1, 2025. As its sales continue to slip and its robotaxi strategy seems to falter , Tesla CEO Elon Musk s...

4dThe VergeTechnology

Musk is asking for up to $134 billion in his legal battle against OpenAI and Microsoft

Elon Musk erupted at the EU all weekend, blasting Brussels over censorship and bureaucracy after X was hit with a major fine for "fake" blue checkmarks. AP Photo/Evan Vucci, File A court filin...

1dBusiness InsiderTechnologyImpact

In this job market, career security is often a solo project

Job seeker Ike Sobel waits to speak to a recruiter during a job fair in Dallas, Wednesday, Jan. 14, 2026. LM Otero/Associated Press Given the tight labor market, building skills and networking can hel...

1dBusiness InsidereconomicsImpact

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

3dBusiness InsidereconomicsImpact

A Las Vegas strip club says it's gotten a surge of auditions from laid-off hospitality workers

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 ...

1dBusiness InsidereconomicsImpact

I compared Costco shopping carts of Kirkland Signature products and brand names. The price differences surprised me.

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...

1dBusiness InsidereconomicsImpact

Walmart's head of AI reveals the key difference between its shopping deals with Google Gemini and ChatGPT

AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...

4dBusiness InsiderTechnology

Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...

5dBusiness InsidereconomicsImpact

America's homebuilding is powered by immigrant workers. Here are the places that rely on them the most.

The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...

18hBusiness Insiderreal_estateImpact

'Task' versus 'purpose': Nvidia CEO Jensen Huang explains why AI won't kill jobs.

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...

2dBusiness InsiderTechnology

The HP OMEN 45L Gaming PC with RTX 5090 GPU and 64GB of DDR5 RAM Drops to $3,708

If you were to purchase a standalone Nvidia GeForce RTX 5090 graphics card today, you'd be paying $3,000 or more. Why not just get a complete RTX 5090 prebuilt gaming PC for a similar price? HP is cur...

5dIGNTechnology

Nike was the fastest-growing shoe brand on StockX last year — and it wasn't because of a sneaker

Nike released the ReactX Rejuven8 in early 2025. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Nike was the fastest-growing shoe brand on StockX in 2025. It wasn't a sneaker that fueled a 5,...

3dBusiness InsiderlifestyleImpact

Pokémon Scalpers List LEGO Pre-Orders on eBay, With Limited Edition Set Selling for Hundreds of Dollars in Profit

Scalpers are already reselling their LEGO Pokémon set pre-orders on eBay, with numerous instances of the limited edition Kanto Region Badge Collection having been sold on for hundreds of dollars in pr...

5dIGNlifestyleImpact

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

1dBusiness InsidereconomicsImpact

BlackRock is now $14 trillion after a record-breaking year. The firm has an ambitious fundraising plan for 2026.

BlackRock CEO Larry Fink has gone all in on private markets Ben Whitley/PA Images via Getty Images BlackRock hit $14 trillion in assets after bringing in close to $700 billion in net inflows in 2025. ...

3dBusiness Insidereconomics

'Awful' Nintendo DS Game Disney Cory in the House Now Selling for Hundreds of Dollars on eBay Amid Viral Metacritic Campaign

Disney Cory in the House , an obscure Nintendo DS game at the center of a bizarre viral campaign, is now being sold for hundreds of dollars on eBay. Earlier this week, we reported that Disney Cory in ...

2dIGNEntertainment

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

5dBusiness InsidereconomicsImpact
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