Amazon threatens ‘drastic’ action after Saks bankruptcy, says $475M stake is now worthless
Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing
Read More
Breaking News: Business
Procter & Gamble is selling diapers made with silk fibers in China as it leans into luxury
Packages of Pampers diapers are displayed at a Target store on June 05, 2025 in Novato, California. Justin Sullivan |
Read More
Procter & Gamble earnings top estimates, but shrinking demand weighs on sales
Procter & Gamble on Thursday reported mixed quarterly results as demand for its Gillette razors and Pampers diapers fell. The
Read More
NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest
Read More
Netflix’s advertising strategy shift is starting to pay off
A drone view shows Netflix logos on buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026.
Read More
How Saks’ acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for
For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection
Read More
United Airlines could hit record earnings after strong start to 2026
A United Airlines airplane at the George Bush Intercontinental Airport in Houston, Nov. 6, 2025. Brandon Bell | Getty Images
Read More
Netflix posts narrow earnings beat, reports 325 million global subscribers
Algi Febri Sugita | SOPA Images | Lightrocket | Getty Images Netflix said on Tuesday it had reached 325 million
Read More
Saks Global, the longtime leader of luxury department stores, files for bankruptcy
Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury
Read More
3M fourth-quarter profit beats estimates as cost cuts boost margins
3M sealant is displayed at a Home Depot store on April 30, 2024 in San Rafael, California. Justin Sullivan |
Read More