The thrill of the hunt for luxury bargains is fading for American shoppers as Saks Global closes dozens of off-price physical stores. Experts explain the deep-seated psychology behind bargain hunting and what the retail landscape loses with these closures.
Shares of USA Rare Earth (NASDAQ: USAR) recovered Wednesday following a sharp sell-off, buoyed by an analyst's upgraded price target and reinforced by a recent $3.5 billion capital infusion from public and private sources.
A U.S. license shift paves the way for Chevron to expand its unique position in Venezuela's oil sector, offering potential upside amid significant political and operational risks.
Scotts Miracle-Gro is selling its Hawthorne gardening subsidiary to focus on its core lawn and garden business, while launching a significant share repurchase program to return capital to shareholders.
Silvercorp Metals has solidified its expansion into Central Asia by acquiring a majority stake in Chaarat ZAAV CJSC, forming a joint venture with state-owned Kyrgyzaltyn to develop permitted gold projects. The move signals a strategic pivot for the historically silver-focused miner as it seeks to balance geographic and commodity risks.
In a strategic move to reduce reliance on foreign tech giants, Japan launches a national AI initiative, combining SoftBank's leadership with substantial government backing to develop a domestic foundational model.
Elon Musk is exploring strategic mergers for SpaceX, with discussions underway for potential combinations with either Tesla or his AI startup xAI, as the billionaire seeks to consolidate his sprawling technological ventures ahead of a landmark public offering.
Microsoft shares suffered their steepest single-day drop in over three years after Azure cloud growth narrowly missed estimates, revealing the complex trade-offs between fueling internal AI projects and meeting soaring external demand.
A new survey reveals retention, AI integration, and manager development remain top HR priorities for 2026, but a stark divide emerges between strategic intent and actionable plans.
As funeral costs rise, many grieving families face a difficult financial decision. This article explores the realities of funeral loans, alternative funding sources, and the long-term implications of taking on debt during a time of loss.
Finnish technology leader Valmet introduces a new line of bio-based press roll covers, backed by specific lifecycle assessment data, to help paper manufacturers reduce fossil resource dependence and track emissions.
American Express reported record full-year revenues of $72 billion for 2025, driven by robust card member spending and a strategic shift towards premium products. The company forecasts continued momentum for 2026, targeting 9-10% revenue growth and a significant dividend hike, while navigating a competitive landscape and macroeconomic uncertainties.
Federal authorities have taken charge of the investigation into the fatal shooting of Alex Pretti in Minneapolis, with the FBI leading the probe and the Department of Homeland Security offering operational support, according to a CBS News report citing a DHS spokesperson.
As severe flooding displaces hundreds of thousands in Mozambique, the UN raises alarms over dangerously overcrowded temporary shelters and a critical funding shortfall, warning of heightened risks for vulnerable populations.
Global spirits giant Diageo is exploring a sale of its high-profile Indian Premier League cricket franchise, Royal Challengers Bengaluru, as part of a strategic review of its Indian assets. Major private equity firms are circling, signaling strong interest in one of sports' most valuable properties.
Citizens and Mizuho reaffirm positive ratings for Zscaler, highlighting its formidable competitive advantages rooted in complex implementation and high switching costs that lock in enterprise clients.
Goldman Sachs initiates coverage on Workday with a Neutral rating, citing a crowded core market and a slower-than-expected AI strategy rollout. The firm identifies 2026 as a pivotal year for the HR and finance software giant to prove its technological evolution.
The acquisition, set to finalize in early 2026 pending approvals, will merge European and American production powerhouses into an entity overseeing nearly 100 companies across 15 countries.
LPL Financial reports retaining over 80% of Commonwealth Financial Network's advisor assets, with the staying advisors described as larger, faster-growing teams. Executives express confidence in hitting long-term retention goals as integration continues.
After a three-year suspension due to insurgent violence, TotalEnergies and Mozambique have agreed to restart one of Africa's largest natural gas developments, raising hopes for economic transformation amid lingering risks.
