The global luxury retail industry is facing another major disruption as Saks Global, the parent company of Saks Fifth Avenue and Bergdorf Goodman, has officially filed for bankruptcy protection in early 2026. The move comes less than a year after its much-publicized takeover, which was expected to stabilize finances and modernize the iconic brands but ultimately failed to reverse mounting…
The stock’s recent earnings report has some investors wondering what’s next for the chipmaker. Earnings are a critical measure for determining the price of a company’s shares, and it’s been found that a company’s share price often correlates to trends in its earnings estimates. As a result, it’s essential to…
Read MoreMG Motor India has launched the MG Gloster Blackstorm in the Indian market. This edition model comes in black with red accents on the exterior and is priced at Rs 40.30 lakh (ex-showroom). The company says that this particular variant is inspired by the rugged looks of the SUV, which…
Read MoreIntroduction: In an exciting development for Ireland’s research community, Prof Philip Nolan has been appointed to lead a newly established research funding agency. With his distinguished career in academia and extensive experience in research, Prof Nolan is poised to play a pivotal role in shaping the future of Irish research…
Read MoreThe billionaire, Tesla and SpaceX owner suggests that big tech companies have too much headcount and could make significant cuts without hurting productivity. During an interview at The Wall Street Journal CEO Council, Musk cited the example of Twitter after he took over the social media site last year and…
Read MoreFord Motor Company has announced two key deals that will secure the supply of critical minerals for its electric vehicle (EV) batteries. The agreements will not only ensure a steady supply of these minerals but will also help Ford in its mission to become carbon neutral by 2050. The automaker…
Read MoreWalmart, the largest retailer in the world, has announced plans to offer pet telehealth services to its customers in an attempt to compete with Amazon’s expanding pet supply business. The new service, called Walmart Pet Care, will allow pet owners to connect with licensed veterinarians via video chat for medical…
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