business
Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name
NEW YORK (AP) — Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused strategy to pamper the affluent...
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Supreme Court strikes down Hawaii law requiring permission to carry guns in stores and hotels
WASHINGTON (AP) — The Supreme Court struck down a Hawaii law requiring people to get permission to carry guns into stores and hotels on Thursday, in its latest opinion backing Second Amendment rights.
The high court’s 6-3 decision means people can carry guns onto...
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Take this simple step as you approach retirement
(AP) – An important job in the two or so years leading up to retirement—right up there with figuring out your healthcare coverage and winding down your work activities—is building up a cash cushion. In addition to being there as a source of funding when you eventually...
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business Headlines
NASA races to save Swift telescope from falling back to Earth with daring rescue mission- Ugandan army chief orders the closure of a major news platform
- Ukraine’s drone assault ignites major oil refinery in Russia
- Meet 3 members of Albania’s ‘Flamingo Revolution’ trying to torpedo a Kushner-linked development
- Iran attacks Bahrain and Kuwait following US strikes and threatens to halt talks to end the war
- BIS says debt, AI boom and fragilities raise global risks
- Google limits Meta’s use of its Gemini AI models, FT reports
- The US lags other countries in social media restrictions for kids, but a reform push is growing
- America In Focus: Key inflation gauge surges to 3-year high, mortgage rate climbs
- Australia toughens kids’ social media ban, doubles potential penalties for tech firms
- World Cup sticker frenzy: Panini packs sell out as fans race to fill 980 spots in collectible albums
- US airstrikes again hit Iran as Tehran strikes Bahrain and Kuwait, further imperiling interim deal
- LVMH and Accor’s Orient Express sets its sights on new tech billionaire class
- US safety agency ends power steering probe into 376,000 Tesla EVs
- US auto safety regulator closes evaluation of 441,002 Honda Odyssey vehicles after recall
- Older buildings and substandard construction left Venezuela vulnerable to earthquakes
- Final stretch: NYC’s last horse track, Aqueduct, ending live races
- Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name
- Exclusive-China’s Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says
- Major beef exporters near China quota caps, clouding second-half trade, report says
- Appeals court rejects Trump EPA bid to abandon rule restricting deadly soot pollution
- PE-backed insurance broker Hub International files confidentially for US IPO
- Saks Global emerges from bankruptcy with new name, less debt
- Zuckerberg asks Meta to explore working with Polymarket and Kalshi, NYT reports
- Outgoing IMF chief economist sees risks, shifting trade ties and continued uncertainty on global outlook
- Chevron eyes more deals to power US data centers
- Lithium producers bet on battery storage as demand shifts beyond EVs
- Trump threatens 100% tax on European imports if countries impose tax on digital services
- IMF chief economist Gourinchas says global economy remains firmly ‘dollar-centered’
- US diesel refining economics remain firm despite Iran war truce
- IMF chief economist says Fed reduction in rate guidance is ‘entirely appropriate’
- Factbox-Biggest job cuts by global automakers
- BUSINESS HEADLINES
- Drone startup Elroy Air to list on Nasdaq via $1 billion SPAC deal
- Silver miner Sinda raises $213 million in US IPO
- Wall St opens lower as chip stocks resume slide
- Lawmakers subpoena billionaire Leon Black after contentious interview on Epstein payments
- Explainer-Volkswagen Law: the unique structure behind Europe’s biggest carmaker
- UK proposes listing rule changes amid Saba tussle with trusts
- US equity funds record weekly outflows as tech weakness weighs
- Fed to hold rates this year, economists say, defying market bets for hikes: Reuters poll
- Lululemon shareholders back board slate after truce with founder
- Morning Bid: When the chips are down and up and down
- Jobs data, rate bets in focus as US stocks close solid first half
- China Eastern Airlines to buy 25 Airbus A330neo jets for list price of $9.4 billion
- Fed Chair Warsh taps veteran economists as advisers, WSJ reports
- S&P 500 ends lower; chips tumble and Moderna rallies
- Tech weakness sends weekly global equity fund inflows sharply lower
- Volkswagen declines to comment on reported job cuts
- VW weighs up to 100,000 job cuts, four plant closures in biggest overhaul yet, sources say
