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Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name17:03 Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused strategy to pamper the affluent — and a new name Newsom urges a national 'billionaires' tax' while fighting one in California17:03 California Gov. Gavin Newsom is calling for a national “billionaires' tax” and suggests the U.S. government should own a stake in AI companies Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI17:03 Shares have tumbled in Asia, led by heavy losses in Japan and South Korea as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence Chevrolet Bolt vs. Nissan Leaf, an Edmunds $30,000 EV comparison16:28 The Nissan Leaf and Chevrolet Bolt EV are formidable rivals for the title of America’s most affordable electric vehicle Kroger buying regional grocer and pharmacy retailer Giant Eagle in $1.65 billion deal14:44 Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis8:35 Lines are growing at Russian gas stations -- and so is the frustration and uncertainty as several months of Ukrainian attacks have set oil refineries ablaze and choked supplies for motorists across the vast country Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims23:42 The U.S. Justice Department and 17 states have reached settlement agreements with three major egg producers over allegations of that the companies illegally colluded in a multiyear scheme to raises prices Board offers $3B settlement to restructure Puerto Rico power company debt20:51 A federal control board that oversees Puerto Rico’s finances says it has offered a $3 billion settlement to bondholders in a new push to finally restructure more than $10 billion in debt held by the U.S. territory’s power company Ford recalling more than 741,00 vehicles because of park system issue30.června Ford is recalling more than 741,000 vehicles in the U.S. because a transmission issue may damage the park system, which could increase the risk of a crash or injury Asian shares mostly higher tracking Wall Street gains and oil stabilizes30.června Asian shares are mostly higher tracking Wall Street gains, with South Korea's stock market, rebounding after earlier sharp losses on a tech sell-off |