Saks Global files for bankruptcy

Saks Global files for bankruptcy

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid-19 pandemic, and casts…

Read More
Greenland’s prime minister says “we choose Denmark” over the U.S.

Greenland’s prime minister says “we choose Denmark” over the U.S.

Greenland‘s prime minister said “we choose Denmark” over the U.S., on the eve of Wednesday’s meeting between the foreign ministers of Greenland and Denmark, Vice President JD Vance, Secretary of State Marco Rubio and other Trump administration officials. “If we have to choose between the United States and Denmark here and now, we choose Denmark,” Greenlandic Prime…

Read More
Republicans vow to hold Bill Clinton in contempt as he skips Epstein testimony

Republicans vow to hold Bill Clinton in contempt as he skips Epstein testimony

A Republican lawmaker is vowing to begin contempt-of-Congress proceedings against former President Bill Clinton after he failed to show up on Tuesday to testify before a committee investigating Jeffrey Epstein. House Oversight Committee Chairman James Comer told reporters he would start proceedings against Clinton next week, and could do the same against former Secretary of…

Read More