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Saks files for bankruptcy as luxury market struggles

February 5, 2026

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled

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Categories Business

Warner Bros. Discovery rejects Paramount’s amended takeover offer

February 4, 2026

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit

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Categories Business

Trump Media to merge with nuclear fusion company

January 30, 2026

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued

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Categories Business

Shopify says a daylong Cyber Monday outage has been resolved

January 27, 2026

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the

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Categories Business

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

January 21, 2026

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly

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Categories Business

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

January 16, 2026

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’

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Categories Business

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

January 11, 2026

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules

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Categories Business

Apple’s AI chief abruptly steps down

December 21, 2025

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at

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Categories Business

Airbus says most of its recalled 6,000 A320 jets are now modified

December 4, 2025

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster

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Categories Business

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

December 4, 2025

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination

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