Saks Global's Collapse: CEO Exits as Luxury Retail Giant Faces Bankruptcy
Saks Global CEO Marc Metrick steps down as the owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman weighs Chapter 11 after missing a $100M+ debt payment.
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Saks Global CEO Marc Metrick steps down as the owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman weighs Chapter 11 after missing a $100M+ debt payment.
Netflix launches an exclusive FIFA game for the World Cup and expands cloud gaming to TVs. The streaming giant bets its billion-dollar gaming investment on living room screens.
Boeing is cutting 200 Space Launch System jobs as the Trump administration weighs canceling NASA's moon rocket program. DOGE advisors favor SpaceX alternatives.
Costco has sued the Trump administration to pause tariff collections and recover import duties, joining a growing wave of corporate challenges to sweeping trade policy.
Netflix's $82.7 billion Warner Bros. acquisition faces a hostile $40 billion counter-offer from Paramount Skydance backed by Larry Ellison. The outcome will reshape entertainment.
Microsoft has begun its most radical Windows transformation in 30 years, moving Copilot AI into the kernel itself. Here's what it means for users, enterprises, and investors.
The Supreme Court will hear oral arguments on January 21 in Trump v. Cook, a case that could fundamentally reshape the Federal Reserve's independence from political interference.
Wall Street projects S&P 500 profit margins will hit 13.9% in 2026—the highest in history. Here's what's driving the earnings expansion and what it means for stocks.
Bank of America's wealth advisors can now recommend up to 4% Bitcoin allocations to clients. With Wells Fargo and Vanguard also opening distribution, the game has changed for crypto ETFs.
Texas has become the first U.S. state to fund a strategic Bitcoin reserve with a $5 million ETF purchase. Here's what it means for public sector crypto adoption.
Billionaire Peter Thiel sold his entire Nvidia stake and 76% of Tesla holdings in Q3 2025, redirecting over $2.1 billion into Apple and Microsoft. Here's what it signals for investors.
Bank earnings season kicks off January 13 with JPMorgan, followed by Citigroup, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley. Here's what investors should watch.