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...
Ericsson job cuts in Sweden deepen telecom cost-cutting drive
Ericsson AB is preparing to cut about 1,600 jobs as it pushes ahead with efforts to reduce operational costs. The...
Top federal Minnesota prosecutors officially terminated after dispute over ICE shooting probe
Several federal prosecutors in Minnesota were formally fired on Wednesday after they gave notice that they had resigned in the...
India’s trade story splits as exports rise modestly and imports surge ahead
India’s latest trade numbers show a mixed picture, with exports staying in positive territory while imports climbed at a much...
Japan’s Prime Minister Takaichi plans to dissolve Parliament and call early election to strengthen coalition
Japanese Prime Minister Sanae Takaichi plans to dissolve Parliament’s powerful lower house as early as this month, setting up a...
Mario Innecco: Gold, Silver Breakout — What Record Prices Really Mean
Mario Innecco, who runs the maneco64 YouTube channel, shares his thoughts on the record runs in gold and silver, outlining...
Crypto Market Update: US Senate Sets January Clock on Crypto Structure Bill
Here’s a quick recap of the crypto landscape for Wednesday (January 14) as of 9:00 p.m. UTC. Get the latest...
Bitcoin ETFs see over $750M in inflows as BTC breaches $95K
US spot Bitcoin exchange-traded funds recorded their largest daily net inflows in more than three months on Tuesday, signalling a...
Inside Saks Global’s bankruptcy: luxury slowdown and a debt-heavy acquisition
Saks Global, the parent organisation of the storied American luxury department store chain Saks Fifth Avenue, filed for Chapter 11...
Venezuela releases multiple American citizens from prison following military operation
The interim government in Venezuela has released at least four U.S. citizens who were imprisoned under President Nicolás Maduro’s regime,...
