Luxury retail giant Saks files for bankruptcy
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Random access memory, or RAM, is in just about every piece of technology we use. But it’s also the technology that AI companies like OpenAI, Anthropic, Google, and Meta are using to power the se...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
Alex Karp, CEO of Palantir, said vocational skills will be in high demand in the AI era. Fabrice COFFRINI / AFP via Getty Images Alex Karp, the CEO and cofounder of Palantir, doesn't have a technical ...
Nike released the ReactX Rejuven8 in early 2025. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Nike was the fastest-growing shoe brand on StockX in 2025. It wasn't a sneaker that fueled a 5,...
Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...
Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...
Universal basic income provides recurring cash payments, no strings attached. Wong Yu Liang AI advances could widen wealth gaps, which has prompted calls for a universal basic income . UBI offers recu...
Chinese leader Xi Jinping and his ruling party have pushed to stimulate China's economy. Xie Huanchi/Xinhua via Getty Images Hedge funds betting big on China generated strong returns last year. Manage...
Getty Images; Alyssa Powell/BI Amazon is playing catch-up to Walmart in groceries. Some of Amazon's new ideas mirror Walmart's strategies. Amazon plans to double down on its sub-same-day grocery deliv...
Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...
Adek Berry/Getty Images China's population declined for the fourth year in a row, reaching 1.405 billion. Falling birth rates and an aging population threaten China's economy and the global economy. G...
David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...
Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...
Companies rushing to adopt the same AI tools risk losing their competitive edge, independence, and long-term resilience, a think tank CEO says. APHOTOGRAFIA/Getty Images The CEO of a digital economy t...
Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...
Boston Dynamics CEO Robert Playter talked to Business Insider about how humanoid robots will transform the factory workplace. Sophia Tung Boston Dynamics revealed the latest iteration of Atlas, a 200-...
Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune. Rich Polk/2026GG/Penske Media via Getty Images Netfl...
Google CEO Sundar Pichai (right) and Apple CEO Tim Cook (left). Anna Moneymaker—Getty Images/Reuters Apple enjoyed a long run at the top of the tech supply chain. Now, this prized position is be...
The author was laid off at age 58. Courtesy of the author Getting laid off at 58 forced me to confront what retiring comfortably really means. Chasing a "magic number" for retirement kept me w...