GE Vernova tries to shake its parent’s proble...

Saks Global, the parent company of the historic luxury department store Saks Fifth Avenue, recently filed for Chapter 11 bankruptcy protection. The move occurred a little more than a year after the company purchased Neiman Marcus and Bergdorf Goodman in a debt-fuelled takeover. T ...  Show more

Every January a collection of the world’s top business and political leaders head to the Swiss town of Davos for the annual meeting of the World Economic Forum. The event is a week of panels and networking meant to promote dialogue among elites. But a scandal last year threatened ...  Show more

Today, we're bringing you an episode from our fellow FT podcast, Behind the Money. Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomerati ...  Show more

Today, we’re talking about one of Kai’s favorite topics: bonds! The yield on the 10-year Treasury note (the benchmark for mortgages and car loans) is down sharply, which is great for consumers. But it’s happening for not necessarily great reasons. We’ll explain. Pl ...

Warren Buffett bought Squishmallow’s squishy toys… Now they’re suing Build-A-Bear. Microsoft is restarting Three Mile Island nuclear power plant… because AI is B.Y.O.E. (energy).Nike has a new CEO, but we’re looking at what the old CEO did wrong… Hoka just did it.Pizza Hut will h ...  Show more

Google avoiding worst-case penalties in its antitrust case lifted tech stocks yesterday, which drove the good performance of both the Nasdaq Composite and the S&P 500. Meanwhile, US job openings data provided a boost to US Treasuries, fuelling hopes of a September rate cut. Asia ...  Show more