Insightful Analysis on Economics, Markets & Global Affairs

A court just approved Saks Global's bankruptcy exit, leaving a smaller luxury chain that nearly collapsed after a disastrous merger with Neiman Marcus.

Western Asset Management will pay a $100 million SEC fine over a cherry-picking scheme by its former top investment officer, without admitting wrongdoing.

A Romanian Navy officer lost fingers to a Shield AI propeller in May. It's the second such injury, and the drone has crashed more than 50 times in 18 months.

The largest U.S. personal injury law firm is exploring a private equity stake sale that could eventually lead to a public listing, reshaping who controls the legal industry.

The first US screwworm case since 1966 hit a Texas calf this week, threatening up to $1.8 billion in losses and a cattle herd already at a 75-year low.

A $500 million lessor deal pushed Embraer's regional jet program past a milestone, as airlines keep choosing smaller, fuel-efficient planes over wide-body jets.

Amazon unveiled a new AI-powered warehouse robot that takes conversational instructions, part of an $11.6 billion European expansion that reshapes how goods move to your door.

Jack Daniel's parent rejected a $15B buyout, posted better sales than expected, and then warned that the good news probably won't last.