Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of ...
Tag: Year
Bridgewater expands equity ownership for employees after blowout year
Hedge fund Bridgewater Associates plans to expand its employee ownership initiative next year, which will see more than 60 per ...
TikTok secures its future in the U.S. with agreement for new joint venture
TikTok has finalized a deal with Oracle and two other investors that will allow the popular social video platform to ...
UBS plans January job cuts to kick off final year of integration
UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the ...
Hollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid ...
At a Silicon Valley summit, robots fold laundry—and investors open their wallets
Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future.Two robots picked up ...
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker IRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics.Founded 35 ...
Ringgit’s outperformance set to extend next year on AI boost
The Malaysian ringgit is on course to beat its Asian peers for a second straight year, and some strategists are ...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades Not long ago, Hong ...
Roblox sued by Southern California families alleging children met predators on its platform
Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, Calif., company isn’t doing enough ...
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