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Saks Fifth Avenue files for bankruptcy after Neiman Marcus takeover leads to financial collapse
High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest…
US issues urgent safety warning after deadly crashes involving faulty air bags made in China
The National Highway Traffic Safety Administration on Tuesday issued an urgent warning to American used car buyers, owners…
Netflix poised to change Warner Bros. Discovery bid to all-cash offer amid investor angst: sources
Squeezed by a falling share price and investor angst over the stock portion of its bid for Warner…
Former Neiman Marcus CEO to get hefty signing bonus to lead Saks through bankruptcy: source
The owner of Saks and Neiman Marcus was expected to file for bankruptcy early Wednesday — and is…
DoorDash, Uber Eats erased $550M in delivery worker tips in NYC, Mamdani administration alleges
DoorDash and Uber Eats prevented delivery workers from earning over $550 million in tips by requiring customers to…
JPMorgan pushes back on Trump proposal for credit card fee cap: ‘Everything is on the table’
JPMorgan Chase is pushing back on President Trump’s proposed 10% cap on credit card interest rates, with the…
Carnegie Hall settles trademark lawsuit against Carnegie Diner
Carnegie Hall has settled a lawsuit accusing the operator of several Carnegie Diner & Cafe restaurants of infringing…
Target faces protests after ICE detains US citizen employees at Minnesota store
Target has come under pressure from protesters and pols in its home state of Minnesota after ICE agents…
Chipotle distances itself from Bill Ackman after ICE donation sparks boycott calls
Chipotle distanced itself from billionaire hedge funder Bill Ackman after he said he donated $10,000 to a fundraiser…
Wall Street titans slam DOJ Fed probe over $2.5B ‘Palace of Versailles’ HQ revamp: ‘counterproductive’
JPMorgan Chase CEO Jamie Dimon slammed the Trump administration’s move to open an investigation into Fed Chair Jerome…