Saks Global files for bankruptcy
Luxury department store chain has struggled with high debt after acquiring rival Neiman Marcus and Bergdorf Goodman...
Jan 14Financial Timeseconomics
Luxury department store chain has struggled with high debt after acquiring rival Neiman Marcus and Bergdorf Goodman...
The Justice Department ramps up crypto fraud enforcement as scams surge, losses hit record highs, and AI aids financial crime....
The US State Department hailed Venezuela's interim government for releasing American prisoners, calling it a "step in the right direction."...
Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....
The Justice Department will drop its case against Nathaniel Chastain, a former OpenSea manager who successfully appealed a wire fraud and money laundering conviction....
The Justice Department investigation into Federal Reserve Chairman Jerome Powell is sparking backlash and spotlighting the clash between the White House and the Federal Reserve Chair....
Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...
Sen. Jeff Merkley raised concerns about ending the SAVE student-loan repayment plan. Chip Somodevilla/Getty Images A group of Democratic lawmakers raised concerns with Trump's proposed settlement to e...
The State Department is freezing immigrant visa processing for 75 countries in an effort to clamp down on applicants it deems likely to become a public charge....
Bill Clark/CQ-Roll Call, Inc via Getty Images The Pentagon has a new pitch for young adults: skip the Army, and write code instead. Undersecretary of Defense Emil Michael said on the No Priors podcast...
Article URL: https://www.techdirt.com/2026/01/15/state-department-threatens-uk-over-grok-investigation-because-only-the-us-is-allowed-to-ban-foreign-apps/ Comments URL: https://news.ycombinator.com/it...
LinkedIn cofounder Reid Hoffman Dominik Bindl/Getty Images LinkedIn cofounder Reid Hoffman says most companies are thinking about AI adoption the wrong way. Instead of focusing on pilot projects, he s...
Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...
The sun was already beginning to set as Portlanders in weatherproof jackets and fleeces lined up around Revolution Hall. It wasn't yet 5PM on a Wednesday but the crowd was gathering well before the to...
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 ...
Immigration officers are in Minnesota as part of Operation Metro Surge. UCG/UCG/Universal Images Group via Getty Images The AFL-CIO called on ICE to leave Minnesota before "anyone else is hurt or ...
Steven Garcia, as told to Gaby Del Valle: I was in the middle of a frozen lake when I got the notification from the Minnesota Star Tribune that there had been a shooting. I was at a pond hockey event,...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Men in New York City helped move a car stuck in the snow during the winter storm on Sunday. Andres Kudacki/Getty Images A huge winter storm struck the US this weekend, impacting hundreds of millions o...
Sen. Mark Kelly said his lawsuit is about fighting back on the Pentagon's crackdown on speech. Heather Diehl/Getty Images Senator Mark Kelly sued Defense Secretary Pete Hegseth over the Pentagon's spe...