A pedestrian passes in front of the Saks Fifth Avenue at Brookfield Place in New York. Allison Joyce | Bloomberg | Getty Images Saks Global named a new CEO on Friday as the retailer is reportedly on the cusp of filing for bankruptcy protection. The parent of high-end department store chain Saks Fifth Avenue, which is privately held,…
Trader Peter Tuchman wears “2026” glasses as traders work on the floor of the New York Stock Exchange at the opening bell on Dec. 31, 2025. Timothy A. Clary | Afp | Getty Images The new year is starting off looking a lot like the old one. The first trading day of 2026 kicked off…
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish renewables giant Orsted, the world’s largest developer of offshore wind farms, said on Friday that it had…
European markets opened slightly higher on Friday, kicking off the first trading day of the year in positive territory. The pan-European Stoxx 600 index rose 0.2% in early morning deals, with most sectors and major bourses in the green. Mining stocks were among the top performers, up around 0.9%. The moves come as investors return…
2027 Ram 1500 SRT TRX Stellantis DETROIT — Stellantis is resurrecting a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The automaker said Thursday that the 2027 Ram 1500 SRT TRX will be available late in 2026 for…
Still life of the big three injectable prescription weight loss medicines. Ozempic, Victoza and Wegovy. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Novo Nordisk‘s shift from a market darling to a serious underperformer has set the stage for a transitional 2026 as the Danish drugmaker…
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the…
Shoppers near a Nike store in the SoHo neighborhood of New York, Nov. 24, 2025. Michael Nagle | Bloomberg | Getty Images Nike shares rose 3% in Wednesday trading after insiders picked up the stock near the end of a rough year. Apple CEO Tim Cook, who serves as a director at the athletic apparel…
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the…
Ozempic is medicine for adults with type 2 diabetes that along with diet and exercise may improve blood sugar. (Photo by Steve Christo – Corbis/Corbis via Getty Images) Steve Christo – Corbis | Corbis News | Getty Images Novo Nordisk has had a difficult year: a tumbling stock price resulting in the biggest leadership shakeup…
