Economy – On the Lucky Wave

Economy

Saks files for bankruptcy as luxury market struggles

January 16, 2026

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled

Economy

Warner Bros. Discovery rejects Paramount’s amended takeover offer

January 16, 2026

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit

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