The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future …
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Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the …
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Trump Media & Technology will merge with a fusion power company in …
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Outages on Shopify’s e-commerce platform have been resolved, the company said late …
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Business
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law
by adminby adminStarbucks will pay about $35 million to more than 15,000 New York …
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PARIS — Airbus fleets were returning toward normal operations on Monday after …
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Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
by adminby adminCampbell’s has fired an executive accused of making racist comments and mocking …
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Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept …
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Shoppers are still flocking to Walmart. The company raised its full-year earnings …
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Business
What AI bubble? Nvidia’s strong earnings signal there’s more room to grow
by adminby adminU.S. stock markets were poised for lift off Thursday, after a strong …