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Saks’ bankruptcy filing creates uncertainty for iconic stores, suppliers and shoppers

Reporter USJanuary 23, 2026

NEW YORK — An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores’ suppliers with unpaid bills and caused a rift with Amazon, one of Saks Global’s minority investors. Saks Global said last week it had secured roughly $1.75 billion to […]

73 South Koreans repatriated from Cambodia being investigated for alleged online scams involvement

Reporter USJanuary 23, 2026

SEOUL, South Korea — Dozens of South Koreans allegedly involved in online scams were returned to South Korea on Friday to face investigations in what was the largest group repatriation of Korean criminal suspects from abroad. The 73 South Korean suspects allegedly scammed fellow Koreans out of 48.6 billion won ($33 million), according to a […]

Ryanair CEO dismisses Elon Musk’s idea of buying the airline as verbal feud escalates

Reporter USJanuary 22, 2026

LONDON — The CEO of Ryanair on Wednesday dismissed Elon Musk’s idea of buying the budget airline and shrugged off insults from the billionaire, in a war of words that erupted over installing Starlink systems on aircraft. The spat between one of the world’s richest individuals and one of Europe’s most outspoken corporate bosses has […]

The New York Times debuts its first 2-player game amid an evolving business model

Reporter USJanuary 22, 2026

For subscribers to The New York Times who are as interested in solving Wordle or filling in the crossword puzzle as in reading the latest political or business news, Wednesday is a big day. The Times’ popular Games unit is debuting Crossplay, a Scrabble-like electronic feature that represents its first designed multiplayer game. It becomes […]

Iconic Coney Island hot dog hawker Nathan’s Famous is sold for 0 million

Iconic Coney Island hot dog hawker Nathan’s Famous is sold for $450 million

Reporter USJanuary 22, 2026

Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in an all-cash $450 million deal, the companies announced Wednesday. Smithfield, which has held rights to produce and sell Nathan’s products in the U.S. and Canada and at […]

How major US stock indexes fared Wednesday, 1/21/2026

Reporter USJanuary 22, 2026

The U.S. stock market rebounded after President Donald Trump called off Greenland-related tariffs that he had threatened to impose on Europe. The S&P 500 rallied 1.2% Wednesday after Trump said he reached the framework of a deal about Greenland, an island he’s long coveted, and won’t impose tariffs he had threatened on several European countries. […]

Iran’s top diplomat issues most direct threat yet to US as crackdown over protests squeezes nation

Reporter USJanuary 21, 2026

DUBAI, United Arab Emirates — Iran’s foreign minister issued the most direct threat yet Wednesday against the United States after Tehran’s bloody crackdown on protesters, warning the Islamic Republic will be “firing back with everything we have if we come under renewed attack.” The comments by Abbas Araghchi, who saw his invitation to the World […]

Why experts question whether China’s one-child policy was necessary in the first place

Reporter USJanuary 21, 2026

BEIJING — China’s one-child policy, one of the harshest attempts at population control the world has seen, forced abortions on women, made sterilization widespread and led to baby daughters being sold or even killed, because parents wanted their only child to be a male. Now, experts say, the question is whether it was all necessary. […]

US futures edge higher and gold hits another record as markets swoon over Greenland dispute

Reporter USJanuary 21, 2026

HONG KONG — Asian shares mostly extended their losses on Wednesday and gold prices hit a record high as concerns over U.S. President Donald Trump’s tariff threats on Greenland fueled unease among investors. U.S. futures rose after steep losses Tuesday on Wall Street. The future for the S&P 500 was up 0.3% and that for […]

Internet shutdown squeezes Iran’s ailing businesses already hurt by crashing currency

Reporter USJanuary 21, 2026

DUBAI, United Arab Emirates — Iranians have been struggling for nearly two weeks with the longest, most comprehensive internet shutdown in the history of the Islamic Republic — one that has not only restricted their access to information and the outside world, but is also throttling many businesses that rely on online advertising. Authorities shut […]

How the dispute between Trump and Pope Leo escalated

How the dispute between Trump and Pope Leo escalated

U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says

U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says

Judge blocks Nexstar’s acquisition of Tegna until antitrust suit resolved

ICE head Todd Lyons planning to leave agency this spring

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Category: Business

Saks’ bankruptcy filing creates uncertainty for iconic stores, suppliers and shoppers

73 South Koreans repatriated from Cambodia being investigated for alleged online scams involvement

Ryanair CEO dismisses Elon Musk’s idea of buying the airline as verbal feud escalates

The New York Times debuts its first 2-player game amid an evolving business model

Iconic Coney Island hot dog hawker Nathan’s Famous is sold for $450 million

How major US stock indexes fared Wednesday, 1/21/2026

Iran’s top diplomat issues most direct threat yet to US as crackdown over protests squeezes nation

Why experts question whether China’s one-child policy was necessary in the first place

US futures edge higher and gold hits another record as markets swoon over Greenland dispute

Internet shutdown squeezes Iran’s ailing businesses already hurt by crashing currency

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