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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 Saks Global struggled with...

4 days ago

Latest

Business

Apple’s AI chief abruptly steps down

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since...

December 4, 2025

Business

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily...

December 4, 2025

Business

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’ for children...

December 4, 2025

Business

Business

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion)...

December 4, 2025

Business

Shopify says a daylong Cyber Monday outage has been resolved

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber...

December 4, 2025

Business

Airbus says most of its recalled 6,000 A320 jets are now modified

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than expected,...

December 2, 2025

Business

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination follows...

November 29, 2025

Stocks

Stocks

Chart Mania – 23 ATR Move in QQQ – Metals Lead 2025 – XLV Oversold – XLU Breakout – ITB Moment of Truth

Here are some charts that reflect our areas of focus this week at XLU Leads with New High Even though the Utilities SPDR (XLU)...

July 26, 2025

Stocks

Momentum Leaders Are Rotating — Here’s How to Find Them

Is the market’s next surge already underway? Find out with Tom Bowley’s breakdown of where the money is flowing now and how you can get...

July 25, 2025

Stocks

S&P 500 Breaking Out Again: What This Means for Your Portfolio

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since...

July 25, 2025
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