Saks 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 struggled with debt...
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 of the...
The architect of Amazon’s supply chain on running a startup with...
For at least two decades, former Amazon executive Dave Clark ended his work week the same way: a standing Friday date night with his...
Elon Musk’s SpaceX acquires xAI
SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social media platform, in a deal combining two companies owned...
Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.
‘The reductions...
Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over...
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly closed...
Trump administration alleges Nike discriminated against white workers
The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers.
The agency that polices discrimination...
Recent Posts
United Airlines says it will boot passengers who refuse to use headphones on planes
Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their...
DOJ takes Live Nation-Ticketmaster to court for antitrust trial
The Justice Department’s endeavor to break up Live Nation, Ticketmaster’s parent company, has officially made its way to the courtroom.
The antitrust case, which...
ECB president fears loss of central bank independence
BUDAPEST (Reuters) -Central bank independence is being questioned in parts of the world and greater political influence over policy could undermined their ability to...
Breaking: Crypto Prices Jump As IEA Members Agree To Release Record 400M Barrels Of...
Crypto prices are up today, led by Bitcoin, which has climbed to as high as $71,000. The rally comes amid the IEA’s announcement that...
Coinbase Expands x402 to Let AI Agents Pay Using Any ERC-20 Token
Coinbase x402:- At a time when most crypto firms are racing to integrate AI into their products, Coinbase has rolled out a major upgrade...