The storied outdoor apparel brand Eddie Bauer is set to close all its physical stores across North America and file for Chapter 11 bankruptcy, marking a pivotal moment for a century-old retailer struggling to adapt in a rapidly changing market.
For the second consecutive year, a Chicago-based financial institution has become the nation's first bank to fail. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC swiftly arranged for Detroit's First Independence Bank to assume most deposits and assets, ensuring customer funds remain secure.
Amidst a complex macroeconomic backdrop, a select group of Asian small-cap stocks is capturing attention for their distinct value propositions and growth narratives. We examine China Feihe, Digital China Holdings, and Thai Beverage, assessing their financial health and strategic positioning in volatile markets.
A high-stakes White House meeting between crypto executives and traditional bankers ended without a breakthrough on the contentious issue of stablecoin yields, casting doubt on the timeline for comprehensive market structure legislation. Both sides agreed to continue negotiations under pressure from the administration to reach a compromise this month.
Randolph-Brooks Federal Credit Union, Texas's largest credit union, is set to acquire Oklahoma City-based True Sky FCU in a deal that underscores the accelerating consolidation trend within the credit union sector.
Amid widespread anxiety over AI-driven job losses, a new report from the Yale Budget Lab finds little evidence of large-scale labor market disruption, raising questions about whether 'AI-washing' is being used to justify corporate layoffs.
With Advanced Micro Devices set to report Q4 results, derivatives traders are pricing in a significant post-earnings move, betting the chipmaker's momentum can extend its recent 25% surge from yearly lows.
Saks Global is closing most of its Saks OFF 5TH off-price stores across the U.S., leaving only a dozen locations open as it refocuses on core luxury and full-price retail after a recent Chapter 11 filing.
Satellite imagery and security sources confirm Egypt has stationed sophisticated Bayraktar Akinci drones at a remote border airstrip, marking a significant escalation in its involvement in Sudan's conflict and raising regional tensions.
President Claudia Sheinbaum commits to humanitarian support and exploring fuel shipments to Cuba, directly challenging Trump administration efforts to isolate Havana. The move risks escalating tensions ahead of crucial U.S.-Mexico trade talks.
Authorities in the Democratic Republic of Congo report a weekend drone attack on Kisangani's airport, marking a significant westward expansion of the conflict as M23 rebels are accused. No casualties were reported.
The reopening of Gaza's Rafah crossing for medical evacuations brought a glimmer of hope, but stringent Israeli restrictions limited departures to just five patients on the first day, leaving thousands in critical need still waiting.
Laura Fernandez and her Sovereign People's Party (PPSO) have made history by winning control of both the executive and legislative branches, a feat unseen in over three decades. However, their failure to secure a supermajority sets the stage for a contentious political landscape where negotiation, not unilateral action, will be required.
A man wanted for a fatal shooting in Camarillo led authorities on a dangerous pursuit reaching speeds over 100 mph before being found deceased in his vehicle, officials confirm.
Elon Musk has formally merged his rocket company SpaceX with artificial intelligence firm xAI, a strategic consolidation aimed at creating a vertically integrated powerhouse focused on AI and space infrastructure, according to an internal memo obtained by Business Insider.
The United States and India have reached a trade agreement that will significantly lower reciprocal tariffs and remove a contentious levy on Russian oil purchases, marking a potential thaw in economic relations.
Ford Motor Company's stock has dramatically underperformed the broader market over the past ten years. As political winds shift and its EV strategy reverses course, investors are left wondering if the iconic automaker can chart a stable path to growth or remain trapped in a cycle of reactionary moves.
Amid global economic uncertainty, investors are turning to Asian dividend-paying companies for portfolio resilience. We examine three high-yield stocks from South Korea and Hong Kong, weighing their income potential against underlying risks.
Amidst a mixed Asian market landscape, companies with significant insider ownership are drawing investor attention. We examine three high-growth firms from South Korea and China where executives and directors have substantial skin in the game.
Amidst a backdrop of economic crosscurrents, savvy investors are tracking insider moves within Asia's small-cap sector for clues on potential value. We examine three companies where recent executive share purchases signal confidence against the odds.
