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Saks files for bankruptcy as luxury market struggles
Finance

Saks files for bankruptcy as luxury market struggles

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after ...

January 15, 2026
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Finance

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on ...

November 28, 2025
October monthly job cuts surged to a 22-year high
Finance

October monthly job cuts surged to a 22-year high

U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This ...

November 7, 2025
Yum Brands begins strategic review for struggling Pizza Hut chain
Finance

Yum Brands begins strategic review for struggling Pizza Hut chain

Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to ...

November 5, 2025
More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day
Finance

More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day

More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress ...

November 15, 2025
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