Amazon, Chanel, and other major creditors have formed a unified front in Saks Global's Chapter 11 proceedings, aiming to recover debts while the luxury retailer moves to liquidate its off-price division and renegotiate key partnerships.
Despite facing increased US duties, Malaysia, Thailand, and Vietnam have expanded their trade surplus with the United States over the past year, even as their deficits with China grow, highlighting shifting global trade dynamics under renewed protectionist pressures.
Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.
Shares of government IT specialist CACI International have climbed sharply in recent months, closing at $620.58 and prompting investors to reassess its valuation amid strong defense sector tailwinds. Analysts point to a potential fair value gap, but risks from budget and competitive pressures loom.
Weekend protests in Turin descended into severe violence, with anarchist and far-left groups clashing with police, resulting in over 100 officer injuries. Prime Minister Giorgia Meloni condemned the "attempted murder" and promised a firm state response.
Major U.S. stock indices advanced Monday, setting a positive tone for a week packed with corporate earnings reports from technology giants and other bellwethers. Investor sentiment remains cautiously optimistic as early results surpass expectations.
Bitcoin has extended its losing streak to four months, its longest since 2018, as a macro-driven sell-off triggers a wave of liquidations and pushes market sentiment into 'extreme fear' territory. Analysts are now watching key technical levels to gauge if a floor is forming.
Former Fed governor Kevin Warsh, nominated to lead the central bank, previously advised the firm issuing Tether's new U.S.-regulated stablecoin, intertwining his potential oversight role with a key player in the digital asset industry.
Raytheon, an RTX business, achieves a critical ballistic flight test for the U.S. Army's new interceptor while securing over $1.2 billion in new defense contracts. These wins solidify its role in next-generation air defense but come as the company's stock trades near record highs, prompting investor scrutiny over future growth.
Expedia Group stock rose sharply after announcing an expanded, exclusive partnership with Affirm, making the fintech firm the sole 'Buy Now, Pay Later' provider across its major U.S. travel platforms.
Terex Corporation shares gained over 4% following the finalization of its merger with REV Group, creating a diversified specialty equipment giant. The deal is projected to yield $75 million in annual synergies by 2028.
Shares of Super Micro Computer (SMCI) advanced Thursday after Rosenblatt Securities reiterated its Buy rating, with investors eyeing potential benefits from NVIDIA's next-generation AI chips and easing supply constraints.
A discounted cash flow valuation of GrainCorp Limited suggests its current share price may not fully reflect its future cash generation potential, indicating a possible opportunity for investors.
A historic winter storm has plunged American Airlines into its worst weather-related crisis, stranding crews and passengers while wiping up to $200 million from its revenue, exposing deep-seated recovery challenges.
CNBC's Jim Cramer reaffirmed his bullish stance on Rio Tinto, highlighting the mining giant's role as a strategic hedge against geopolitical and economic volatility during the show's Lightning Round.
The Federal Reserve left interest rates unchanged, signaling confidence in a solid economy while inflation remains above target. The decision sets up a continued clash with a President demanding deeper cuts.
A detailed look at the SPDR Gold Shares (GLD) and iShares Silver Trust (SLV) reveals a tale of two metals: one prized for stability, the other for its volatile potential. For investors navigating uncertain markets, the choice between them hinges on more than just recent returns.
A Wall Street Journal report reveals a major investment by UAE's Sheikh Tahnoon bin Zayed Al Nahyan in a Trump-linked cryptocurrency company days before the 2024 inauguration, followed by a reversal of U.S. policy on advanced AI chip exports to the UAE.
Ten employees of Vancouver-based Vizla Silver Corp. were abducted from a project site in Concordia, Sinaloa, on January 24, prompting a massive security operation and raising fears of cartel involvement in the region's mining sector.
The White House announces a major public-private initiative to stockpile rare earths and critical minerals, aiming to insulate U.S. defense and tech sectors from foreign supply shocks and geopolitical leverage.
