Saks Global announces a dramatic reduction of its off-price chain, shuttering 57 Saks OFF Fifth locations as part of a broader restructuring under Chapter 11 bankruptcy protection.
In a strategic shift, PepsiCo announces price reductions for popular snacks like Doritos and Cheetos in the U.S., responding to consumer backlash over high costs and adapting to market changes driven by weight-loss drugs.
As the U.S. dollar faces sustained pressure and the post-war 'Pax Americana' era recedes, chief financial officers are recalibrating strategies for higher capital costs and persistent market turbulence. Experts outline a pragmatic playbook for resilience.
John Deere announces plans for a major distribution center in Indiana and a new excavator factory in North Carolina, signaling a strategic shift to bolster domestic supply chains and onshore production from Japan.
CNBC's Jim Cramer, while reaffirming his past success with Flowserve, suggested investors might find better opportunities elsewhere in the industrial sector, specifically naming Dover Corporation.
Jim Cramer's analysis of Southwest Airlines highlights the carrier's high-stakes operational overhaul amid pressure from activist investor Elliott Management, framing it as a pivotal moment for the low-cost pioneer.
Syrian government security forces have entered the key northeastern city of Qamishli, implementing a recent agreement aimed at integrating Kurdish-led institutions into the state's fold and reshaping the balance of power in the region.
Payward, the parent company of crypto exchange Kraken, reported a 33% jump in full-year adjusted revenue, driven by a surge in trading volume and a new multi-brand corporate structure separating consumer products from core infrastructure.
Digital asset markets face a significant liquidity squeeze, with Bitcoin breaking from tech stocks and institutional players stepping in amid a wave of regulatory developments and macroeconomic uncertainty.
As contribution limits rise with inflation, financial advisors warn that overlooking tax efficiency could cost investors a significant portion of their long-term wealth. We break down the key strategies to keep more of what you earn.
As the automotive retail industry gathers in Las Vegas, a year of market volatility has cemented a 'back-to-basics' mindset, with profitability through fixed operations and used vehicles taking center stage.
Sudanese armed forces announce they have broken a lengthy paramilitary siege on Kadugli, the regional capital of South Kordofan, in what they describe as a decisive battle to reopen a vital supply corridor, though the humanitarian crisis in the region remains dire.
In its Q4 2025 earnings call, Two Harbors Investment Corp. detailed its planned merger with United Wholesale Mortgage, a move executives say will create a $400 billion MSR portfolio and position the combined entity to compete more effectively in a landscape where size is increasingly critical.
Major fintech firms like Stripe, PayPal, and Affirm are actively pursuing state and federal banking licenses, seeking not just cost savings but greater control, regulatory simplicity, and a direct line to core financial infrastructure.
Railroad giant CSX announces the retirement of Chief Administrative Officer Diana Sorfleet after nearly 15 years, appointing private equity veteran Riz Chand as its new Chief Human Resources Officer to steer people strategy.
The Walt Disney Company has named Josh D’Amaro, the architect behind its booming parks and experiences division, as its next Chief Executive Officer, concluding a closely watched succession process and underscoring the rising centrality of its physical entertainment empire.
Porsche's CEO is reportedly weighing the cancellation of the all-electric 718 Boxster and Cayman, a move reflecting broader industry recalibration amid cooling EV demand, high development costs, and challenges in key markets like China.
The prominent venture capital firm confirms a wave of partner departures resulted from internal disagreements, as it intensifies its focus on artificial intelligence investments and prepares to open a U.S. office, while reaffirming India as its core market.
Steve Hafner, the co-founder who led Kayak from startup to a $2.1 billion acquisition, is replaced as CEO by CFO Peer Bueller. The leadership change comes as the metasearch pioneer faces headwinds from Google and generative AI.
With the expiration of the New START treaty, the final pillar of formal nuclear arms control between Washington and Moscow has collapsed. Amidst deep geopolitical rifts and rapid technological change, experts warn the world is entering a perilous new phase without agreed limits on the world's largest arsenals.
