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Published on Jan 14, 2026

Famed luxury department store Saks files for bankruptcy in US

Saks Global Enterprises has filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the iconic luxury retailer.The company, which operates its Saks Fifth Avenue stores along with Bergdorf Goodman and Neiman Marcus, …

Source: Irish Examiner - Neutral
Published on Jan 14, 2026

Luxury retailer Saks files bankruptcy after failed turnaround

Breadcrumb Trail Links News The move comes just after debt investors handed Saks billions of dollars of new debt for acquisition of Neiman Marcus Author of the article: Bloomberg News Reshmi Basu and Eliza Ronalds-Hannon Published Jan 14, 2026 • Last …

Source: The Kingston Whig-Standard - Neutral
Published on Jan 14, 2026

Luxury retailer Saks Global files bankruptcy after turnaround fails

US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround [NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the iconic …

Source: The Business Times Singapore - Neutral
Published on Jan 14, 2026

Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing

Beleaguered luxury retailer Saks Global is close to finalising $1.75 billion in financing with creditors that would allow its iconic Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus stores to remain open while the department stores conglomerate …

Source: The Business of Fashion - Neutral
Published on Jan 14, 2026

Saks Global CEO to Exit Company as Bankruptcy Filing Nears

Saks Global is reportedly set to make its second leadership transition in two weeks. CEO Richard Baker, whose appointment to that role was announced on Jan. 2, has been preparing to exit the company over the past few days, Bloomberg reported Tuesday (Jan. …

Source: PYMNTS.com - Massachusetts - Neutral
Published on Jan 13, 2026

Exclusive-Saks Global nearing $1.75 billion financing plan ahead of bankruptcy filing, sources say

By Dawn Kopecki NEW YORK, Jan 13 (Reuters) – Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its iconic Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus stores to remain open, …

Source: WHTC - Michigan - Pending
Published on Jan 11, 2026

Richard Baker Exiting Saks Global as Bankruptcy Looms: Sources

With Saks Global nearing bankruptcy with a filing expected by midweek, attention is turning to who will be in charge as the parent of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman goes through its restructuring. Richard Baker, executive chairman of …

Source: WWD - New York - Neutral
Published on 11:16 GMT

Brazilian tycoon Tanure offloads assets as Banco Master unravels

Businessman Nelson Tanure, one of the targets of search and seizure warrants carried out by Brazil’s Federal Police on Wednesday (14) as part of Operation Compliance Zero, was one of Banco Master’s top clients and partnered with the institution on several …

Source: Valor International - Pending
Published on 11:53 GMT

The banking system is waiting for a major investor

Anca Dragu These reforms were initiated by the billion-dollar theft scandal that brought the country to the brink of bankruptcy, the NBM head said. “I am sure that soon we will see big international companies in Moldova,” Anca Dragu said in an interview …

Source: Logos Press - Pending
Published on 06:02 GMT

Judge Approves Saks Global DIP Financing Despite Amazon’s Effort to Delay

Updated 12:42 a.m. ET Jan. 15 Judge Alfredo Perez, who’s overseeing the Saks Global bankruptcy in Houston federal court, approved the retailer’s $1.75 billion debtor-in-possession loan over the objections of Amazon and some brands in a marathon seven-and-a …

Source: WWD - New York - Neutral
Published on Jan 14, 2026

Tech, banks weigh on Wall Street; Trump eases Iran oil fears

Jan 14 : Technology and bank stocks led Wall Street indexes into a second day of declines on Wednesday, while oil prices snapped back from the day's highs after U.S. President Donald Trump softened warnings about unrest in Iran, although persistent …

Source: Channel News Asia - Pro-Government
Published on 01:27 GMT

CFS Bites of the Month - 2025 Annual Review - Fintech

In this article, we share a timeline of monthly "bites" for the past year applicable to fintech. Although we can identify numerous developments in the space in 2025, the most prominent development is the "all systems go" approach many …

Source: JD Supra - California - Neutral
Published on 00:01 GMT

Wall Street falls as gold and silver reach record highs amid geopolitical tensions

WALL Street indexes inched lower yesterday as major banks reported earnings and investors surveyed a panoply of economic and political uncertainties which helped inflate prices for precious metals and oil. Data showed US retail sales increased more than …

Source: Gulf Daily News Online - Pro-Government
Published on Jan 14, 2026

Wall Street slides on bank, tech pullback; uncertainty powers gold, oil

Jan 14 : Wall Street indexes slid for a second straight day on Wednesday as major banks reported earnings and investors surveyed a panoply of economic and political uncertainties which helped inflate prices for precious metals and oil. Banner earnings …

Source: Channel News Asia - Pro-Government
Published on Jan 14, 2026

Wall Street falls on bank share pullback, uncertainty boosts gold, oil

Jan 14 : Wall Street indexes inched lower on Wednesday as major banks reported earnings and investors surveyed a panoply of economic and political uncertainties which helped inflate prices for precious metals and oil. Data showed U.S. retail sales …

Source: Channel News Asia - Pro-Government
Published on Jan 14, 2026

Trump Proposes 10% Credit Card Rate Cap, $200B Mortgage Buys Amid Backfire Warnings

In the opening days of his second term, President Donald Trump has wasted no time in targeting what he sees as the scourges of high borrowing costs afflicting American households. His proposals—a temporary cap on credit card interest rates at 10% and a …

Source: WebProNews - Pending
Published on Jan 14, 2026

How much longer can Iran’s Islamic Republic survive?

Mohammad Reza Shah, deposed in the Islamic Revolution of 1979, had many faults. An enthusiasm for shedding the blood of his people was not one of them. After his fall, when people queried why he had not unleashed the full force of the state against the …

Source: New Statesman - Center-left
Published on Jan 14, 2026

A New Day for NYC Taxi Drivers Under Zohran Mamdani?

On the ride from Jackson Heights to LaGuardia Airport yesterday evening, I explained to my taxi driver why I was headed to the airport’s taxi lot. Mayor Zohran Mamdani was announcing his nominee to lead the Taxi and Limousine Commission (TLC): Midori …

Source: Jacobin - Left-wing
Published on Jan 14, 2026

Trump calls for 10% cap on credit card rates: What might it mean?

Updated Jan. 13, 2026, 6:37 p.m. ET Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47% of credit cardholders report having a credit card balance, according to a new …

Source: Detroit Free Press - Michigan - Center-left

04 days 15:39:56

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Published on January 13, 2026 - 22:08 GMT

Job Announcement: Judicial Term Law Clerk to US Bankruptcy Judge Shon Hastings

POSITION TITLE: Judicial Law Clerk (Term) LOCATION: Fargo, ND TYPE OF APPOINTMENT: Full-time, One-Year Appointment (August 2027-August 2028) CLASSIFICATION LEVEL: $74,678-$106,427 (current JSP 11/1-13/1) JOB ANNOUNCEMENT: 26-01 CLOSING DATE: Open …

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Published on January 13, 2026 - 22:06 GMT

Job Announcement: Judicial Term Law Clerk to US Bankruptcy Judge Shon Hastings

POSITION TITLE: Judicial Law Clerk (Term) LOCATION: Fargo, ND TYPE OF APPOINTMENT: Full-time, One-Year Appointment (August 2027-August 2028) CLASSIFICATION LEVEL: $74,678-$106,427 (current JSP 11/1-13/1) JOB ANNOUNCEMENT: 26-01 CLOSING DATE: Open until …

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Published on January 13, 2026 - 07:54 GMT

Germany Faces Rise in Corporate Bankruptcies

(MENAFN) Corporate insolvencies in Germany climbed significantly in December, increasing 15.2% compared to the same month a year earlier, according to preliminary figures from the Federal Statistical Office (Destatis). Final data for October revealed a 4. …

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Published on January 12, 2026 - 17:39 GMT

Total Bankruptcy Filings Increase 11% in Calendar Year 2025

NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Total bankruptcy filings in Calendar Year (CY) 2025 were 565,759, an eleven percent increase from the 508,953 registered during CY 2024, according to data provided by Epiq AACER, the leading provider of US …

Distribution channels: IT Industry, Science ...

Published on January 12, 2026 - 17:00 GMT

Tucson Herald Covers Brian Ferdinand’s Protective Federal Action to Preserve Statutory Rights Under Bankruptcy Code ...

Tucson, AZ, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Tucson Herald reports that Brian Ferdinand has initiated a protective federal filing under the United States Bankruptcy Code to preserve access, if required, to the statutory limitations set forth in Section …

Distribution channels: Environment, Media, Advertising & PR ...
Published on January 10, 2026 - 16:04 GMT

Washington Business Journals reports Brian Ferdinand Files Protective Federal Action to Preserve Statutory Rights Under ...

Washington, DC, Jan. 10, 2026 (GLOBE NEWSWIRE) -- Washington Business Journals reports that Brian Ferdinand has initiated a protective federal filing under the United States Bankruptcy Code to preserve access, if required, to the statutory limitations set …

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Published on January 15, 2026 - 11:40 GMT

The evolution of the Bank’s approach to resolution − speech by Dave Ramsden

Good afternoon. I am delighted to be here and thank you to the Money Macro and Finance Society and King’s College London, two bodies I have a close affiliation with, for hosting me today. For the avoidance of doubt, given we are at the start of a new year, …

Distribution channels: Banking, Finance & Investment Industry
Published on January 14, 2026 - 15:59 GMT

INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Gauzy

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Gauzy To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Gauzy between March 11, 2025 and …

Distribution channels: Consumer Goods, Law ...

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Published on January 15, 2026 - 12:00 GMT

Florida and Ohio Momentum Reflects a Larger Shift Sparked by Texas’s American Bar Association (ABA) Break

Nelson A. Locke: The Bar-Admission Fight That Helped Put the Issue in Motion DALLAS, TX, UNITED STATES, January 15, 2026 /⁨EINPresswire.com⁩/ -- Nelson A. Locke, a Purdue Global Law School graduate and Texas-admitted attorney who spent years …

Distribution channels: Education, Law ...
Published on January 15, 2026 - 09:15 GMT

Alpha Wealth Group Notes Rising Interest in Family Office Development Among UK Families with Expanding Responsibilities

Many families are reassessing how their affairs are organised, placing greater emphasis on coordination, clearer roles, and long term family continuity. LONDON, UNITED KINGDOM, January 15, 2026 /⁨EINPresswire.com⁩/ -- A growing number of families …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 15, 2026 - 09:10 GMT

Lexiphoria: Building India’s Voice in the Global Digital Economy

NEW DELHI, DELHI, INDIA, January 15, 2026 /⁨EINPresswire.com⁩/ -- Founded in 2014 in a modest rented room in Noida, Lexiphoria is today a ₹15 crore language-technology company redefining how businesses communicate across cultures. What began with a …

Distribution channels: Companies, Education ...
Published on January 15, 2026 - 06:07 GMT

Injury Care Solutions Group: George Kittle Achilles Tear Explained

LOS ANGELES, CA, UNITED STATES, January 15, 2026 /⁨EINPresswire.com⁩/ -- Dr. Greg Vigna, Board Certified Physical Medicine and Rehabilitation, Life Care Planner, states, “I’m a life-long 49ers fan, season ticket holder, and a huge fan of George …

Distribution channels: Business & Economy, Education ...
Published on January 15, 2026 - 00:00 GMT

The Chopin Law Firm Shares Important Mardi Gras Safety Tips for Locals and Tourists

NEW ORLEANS, LA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- As Mardi Gras season approaches, The Chopin Law Firm is reminding residents and visitors alike to prioritize safety while enjoying one of New Orleans’ most celebrated …

Distribution channels: Culture, Society & Lifestyle, Law ...
Published on January 15, 2026 - 11:41 GMT

When lawyers are silenced: How restrictions on lawyers’ expression undermine rights, justice and democracy

Lawyers around the world are subjected to improper interference because of their legitimate expression. This report highlights the importance of safeguarding lawyers’ right to freedom of expression. Drawing on cases gathered through our Lawyers at Risk …

Distribution channels: Law
Published on January 14, 2026 - 20:54 GMT

Major University Settles Education Fraud Case

Three Law Firms Secure $28M Settlement of Incentive Compensation Ban Claims Under the False Claims Act BOSTON, MA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- The law firms of Vezina Law, PLC, Morgan Verkamp, LLC, Todd & Weld, LLP, …

Distribution channels: Business & Economy, Education ...
Published on January 14, 2026 - 20:15 GMT

Jennifer Maddox of Future Ties Partners with Subaru to Host Cookies, Cocoa & Coats

Future Ties’ annual Cookies, Cocoa & Coats event provides free winter coats for Chicago children through a community partnership with Subaru of Evergreen Park CHICAGO, IL, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Jennifer Maddox …

Distribution channels: Gifts, Games & Hobbies, Human Rights ...
Published on January 14, 2026 - 19:48 GMT

Stanley Slaczka is announcing the release of his book, ‘The Structure of Perseverance!’

This system gives you unstoppable power! IRWIN, PA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Award-winning Author Stanley Slaczka is announcing a press release of his book, “The Structure of Perseverance!” He has multiple awards …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on January 14, 2026 - 18:00 GMT

SCRAM Systems Unveils 2026 Product Roadmap, Advancing the Next Era of Connected Supervision

GREENWOOD VILLAGE, CO, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Today, SCRAM Systems unveiled its 2026 product roadmap during its annual product event, outlining a year of innovation focused on expanding connected supervision …

Distribution channels: Business & Economy, Electronics Industry ...
Published on January 14, 2026 - 17:53 GMT

Coinme Announces Definitive Agreement to Be Acquired by Polygon Labs to Expand U.S. Licensed Stablecoin Payments

Transaction Brings Seattle-Based Coinme’s Licensed Fiat Infrastructure and Compliance Platform to Polygon Open Money Stack SEATTLE, WA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Coinme, a leading U.S.-licensed provider of enterprise …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 14, 2026 - 16:56 GMT

Document Shredding Expert Rhet Crowe of Dayton, Ohio Highlights Privacy Protection in HelloNation Feature

What exactly does secure document shredding protect you from? DAYTON, OH, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- What exactly does secure document shredding protect you from? That question is answered in a HelloNation article …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 14, 2026 - 16:37 GMT

Document Shredding Expert Rhet Crowe of Centerville, Ohio Defines Secure Document Shredding Standards for HelloNation

Is tearing papers in half or using a home shredder enough to protect sensitive information? CENTERVILLE, OH, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Is tearing papers in half or using a home shredder enough to protect sensitive …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 14, 2026 - 16:10 GMT

Leaves Legacy Project Files Patent for AI-Enabled Photo and Video Storage That Understands Meaning, Not Just Metadata

New narrative-guided media intelligence transforms scattered digital memories into a searchable, story-aware personal archive LAKEWOOD RANCH, FL, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- The Leaves Legacy Project today announced the …

Distribution channels: Culture, Society & Lifestyle, IT Industry ...
Published on January 14, 2026 - 15:30 GMT

Philanthropist Thomas J. Henry’s $1 Million Gift Helps Expand Specialized Care as SER of Puerto Rico Celebrates 75 Years

NEW YORK, NY, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- As SER of Puerto Rico marked its 75th anniversary, the organization announced a major expansion in its capacity to deliver specialized medical and rehabilitation services, made …

Distribution channels: Culture, Society & Lifestyle, Healthcare & Pharmaceuticals Industry ...
Published on January 14, 2026 - 15:15 GMT

New Jersey and New York Counties Among Those With The Highest Rideshare and Taxi-Related Fatalities In The U.S.

Blume Forte study finds Atlantic County, NJ leads the nation in rideshare and taxi-related fatality rates NEWARK, NJ, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- A new nationwide study from Blume Forte reveals that Atlantic County in New …

Distribution channels: Law ...
Published on January 14, 2026 - 15:00 GMT

ATAP Action Network Calls on Congressional Leaders to End PBM Abuses

Letter Urges Swift Action to Delink Drug Prices From PBM Income and Require Full Pass-Through of Rebates to Patients WASHINGTON, DC, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- The Alliance for Transparent & Affordable …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 14, 2026 - 15:00 GMT

Attorney Darin M. Klemchuk Launches Mediation Practice Focused on Intellectual Property Disputes

DALLAS, TX, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Attorney Darin M. Klemchuk is proud to announce the launch of Klemchuk Mediation, a mediation practice focused solely on intellectual property (IP) matters, affiliated with the IP …

Distribution channels: Law ...
Published on January 14, 2026 - 14:25 GMT

Law Office of Justin C. Frankel, P.C. Successfully Reinstates Disability Benefits for Senior Executive

GARDEN CITY, NY, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Disability Benefits Reinstated for Senior Executive Following Appeal of Their Disability Claim Termination The Law Office of Justin C. Frankel, P.C. announced that long term …

Distribution channels: Law ...
Published on January 14, 2026 - 14:07 GMT

Parrish Law Firm Announces 2026 Community Programs Supporting Education and Youth Engagement Across Northern Virginia

New school-focused initiative joins returning scholarship, educator support, and youth wellness programs MANASSAS, VA, UNITED STATES, January 14, 2026 /⁨EINPresswire.com⁩/ -- Parrish Car Accident & Personal Injury Law Firm announced its 2026 …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...