Top News
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13Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global...
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Warner Bros. Discovery rejects Paramount’s amended takeover offer
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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Trump Media to merge with nuclear fusion company
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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Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
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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Shopify says a daylong Cyber Monday outage has been resolved
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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Airbus says most of its recalled 6,000 A320 jets are now modified
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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Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The...
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Bitcoin and other crypto assets sink in flight from risk
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors...
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Stock market sinks as AI and interest rate worries grip investors
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of...
