Saks Global files for bankruptcy after $2.7B Neiman Marcus acquisition deal

Saks Global Enterprises, the parent of Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after missing a $100 million interest payment.

Meta cuts over 1,000 jobs in major metaverse retreat

Meta is cutting over 1,000 jobs, shifting its investment from Metaverse to wearable technology.

New Texas THC proposal would drastically increase retailer fees

Businesses that sell legal, consumable THC may be on the hook for registration fees as high as $20,000 per year. It’s in response to an executive order directive by Gov. Greg Abbott to enforce stricter industry rules.

GameStop shutters more stores as retail apocalypse continues

GameStop, the former brick-and-mortar video game giant and meme stock, is continuing to close stores as it grapples with declining sales and the industry’s shift toward digital gaming.

Trump wants credit card interest capped

President Trump says he wants a one-year, 10% cap on credit card interest rates.

Salad and Go closing all Texas and Oklahoma stores as headquarters returns to Arizona

The salad chain Salad and Go confirmed it's closing all its stores in Texas and Oklahoma, while the company looks to move its headquarters from Coppell back to the franchise’s home state of Arizona.

McDonald's faces lawsuit over McRib sandwich
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McDonald's has been hit with a lawsuit over their popular McRib sandwich, which claims the chain misleads customers by implying rib meat is used to craft the patty. 

Japanese sushi chain shatters record, pays $3.24 million for single bluefin tuna

Check out this single bluefin tuna that a Japanese sushi chain bought for more than $3 million at the famed New Year fish auction in Tokyo, shattering a previous record.

Trump's plan to seize Venezuela's oil is an uphill battle: Here's why

President Donald Trump says the U.S. plans to take over Venezuela’s oil, with the help of American oil companies. Industry experts say that’s a tall order.

Top scams to watch out for in 2026
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If you made it through 2025 without getting scammed, now isn't the time to let down your guard. Here are some tips for continuing to evade scammers in the new year. 

Instacart ending price test program after backlash

Instacart is ending a program where customers saw different prices for the same product ordered at the same time from the same store. Here’s what they’re saying about the price testing strategy.