https://auntresodamid.com/iJugHxINePLH1VY/96561

Breaking News: Business

How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’

How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’

An entrance to the Saks Fifth Avenue flagship store in New York on Jan. 14, 2026, after the company filed for bankruptcy protection. Brendan Mcdermid | Reuters For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities […]

How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’ Read More »

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy

Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, November 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled maker of Jeep, Ram and Dodge vehicles in the U.S. after years of market share declines. Filosa has been undertaking a turnaround

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy Read More »

Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images

Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images

In this photo illustration, a person holds a smartphone showing Ani, a virtual anime-style assistant character featured in the Grok 4 AI chatbot developed by xAI, with the Grok logo visible on a screen in the background on July 16, 2025 in Chongqing, China. Cheng Xin | Getty Images Elon Musk’s xAI is now facing

Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images Read More »

Musk says Tesla is moving Full Self-Driving to a monthly subscription

Musk says Tesla is moving Full Self-Driving to a monthly subscription

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla CEO Elon Musk said Wednesday that the electric vehicle maker will stop selling its Full Self-Driving (Supervised) software for a flat rate and instead make

Musk says Tesla is moving Full Self-Driving to a monthly subscription Read More »

Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection

Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina Katsanis | Reuters Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for Chapter 11 bankruptcy protection on Wednesday after an unsustainable

Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection Read More »

Tariffs and AI’s downside pose top global risks for business, World Economic Forum says

Tariffs and AI’s downside pose top global risks for business, World Economic Forum says

A photograph shows a sign at the Congress Centre on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, Jan. 16, 2023. Fabrice Coffrini | AFP | Getty Images Global power rivalries and strategic standoffs top the list of most severe near-term risks heading into 2026, according to the World Economic

Tariffs and AI’s downside pose top global risks for business, World Economic Forum says Read More »

Boeing outsold Airbus last year for first time since 2018, deliveries rise to 600

Boeing outsold Airbus last year for first time since 2018, deliveries rise to 600

A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing logged net orders for 1,173 airplanes last year, marking the first time it outsold its European rival Airbus since 2018, the latest sign of Boeing’s recovery. Boeing

Boeing outsold Airbus last year for first time since 2018, deliveries rise to 600 Read More »

Data center REIT CEO says real estate ‘not in an oversupply state’

Data center REIT CEO says real estate ‘not in an oversupply state’

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. As hyperscalers like

Data center REIT CEO says real estate ‘not in an oversupply state’ Read More »

Fanatics to launch sports media and entertainment studio

Fanatics to launch sports media and entertainment studio

Fanatics CEO Michael Rubin shake hands with a collector during the 45th National Sports Collectors Convention at the Donald E. Stephens Convention Center in Rosemont, Illinois, July 31, 2025. Audrey Richardson | The Washington Post | Getty Images Sports merchandising giant Fanatics announced on Tuesday the launch of Fanatics Studios, a media and entertainment studio

Fanatics to launch sports media and entertainment studio Read More »

Delta CEO sees record earnings in reach again thanks to high-end travel demand

Delta CEO sees record earnings in reach again thanks to high-end travel demand

A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per

Delta CEO sees record earnings in reach again thanks to high-end travel demand Read More »

Don’t miss latest news!

Select list(s):

We don’t spam! Read our [link]privacy policy[/link] for more info.

Scroll to Top