Saks Global files for bankruptcy after $2.7B Neiman Marcus acquisition deal

Saks Global Enterprises, the parent of Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after missing a $100 million interest payment.

Meta cuts over 1,000 jobs in major metaverse retreat

Meta is cutting over 1,000 jobs, shifting its investment from Metaverse to wearable technology.

BBB LipoMax warning: AI videos helping promote weight loss products

The BBB is issuing a warning that troubling deep-fake videos are circulating social media to help promote weight loss products. One includes Oprah promoting the “pink salt trick.”

Macy's to close Northlake Mall store in national realignment

The Northlake Mall Macy’s is among 14 nationwide locations closing as part of a multi-year "Bold New Chapter" turnaround plan.

GameStop shutters more stores as retail apocalypse continues

GameStop, the former brick-and-mortar video game giant and meme stock, is continuing to close stores as it grapples with declining sales and the industry’s shift toward digital gaming.

Trump wants credit card interest capped

President Trump says he wants a one-year, 10% cap on credit card interest rates.

Japanese sushi chain shatters record, pays $3.24 million for single bluefin tuna

Check out this single bluefin tuna that a Japanese sushi chain bought for more than $3 million at the famed New Year fish auction in Tokyo, shattering a previous record.

Trump's plan to seize Venezuela's oil is an uphill battle: Here's why

President Donald Trump says the U.S. plans to take over Venezuela’s oil, with the help of American oil companies. Industry experts say that’s a tall order.

Stimulus payment January 2026, IRS direct deposit relief payment & tariff dividend fact check

Rumors about new stimulus checks, IRS direct deposits, relief payments and tariff dividends swirled throughout 2025, and they’re continuing to circulate as we head into 2026. But is there any truth to them?

Coca-Cola planning layoffs at its Atlanta headquarters

The Coca-Cola Co. is planning layoffs at its Atlanta corporate headquarters as part of an ongoing companywide restructuring effort.

Sprinkles Cupcakes closing all locations, founder and former owner confirms

founder and former owner of Sprinkles Cupcakes confirmed in an Instagram post Wednesday that the company is closing all its locations across the country.

MN distributor recalls hundreds of food, drugstore products after rodent, feces contamination

The FDA says the facility was operating under insanitary conditions after finding the presence of rodents, rodent urine and bird droppings in areas where medical devices, drugs, human food, pet food and cosmetic products were held.

Iconic Atlanta restaurant in Virginia-Highland enters new chapter

Murphy’s Restaurant, a longtime fixture in Atlanta’s Virginia-Highland neighborhood, will change ownership in early January, marking a new chapter for the 45-year-old dining institution.

Artist & Craftsman Supply files for Chapter 11 bankruptcy

The art supply company operates stores in various states including California, New York, and Pennsylvania.