The loss of its flagship luxury shop has shaken Beachwood Place, a mall that opened in 1978 with a single high‑end anchor: Saks Fifth Avenue. That store had defined the mall’s style, giving shoppers a reason to dress up just for a visit. Now, with only 13 Saks stores left in the country, Northeast O
The story begins with Gus Rezende, a Brazilian who settled in Acadiana and grew a hospitality business that now includes popular spots like Central Pizza and Tropical Smoothie. With his long‑time partner B. J. Crist, the team launched a series of beloved festivals such as Sugar Jam and the Acadiana
True Religion’s comeback began when its new CEO, Michael Buckley, took the helm in 2019 after the company was emerging from bankruptcy. He saw that the old ways—selling pricey jeans in luxury department stores and targeting high‑income shoppers—were no longer working. The brand’s sales had stalled,
The ongoing conflict in Iran threatens to spark a global energy crunch that could ripple through economies worldwide. Some countries are more vulnerable than others, depending on how they use and import energy. In Europe, memories of the 2022 war in Ukraine still echo. Germany’s manufacturing secto
People in their fifties and beyond are stepping into business ownership more than ever. The rise of the “Founder” label on professional networks has surged, especially after 2022, as layoffs and economic shifts push workers to seek freedom outside traditional employment. Many older adults face the c
ByteDance, the Chinese company that owns TikTok, has decided to hand over its gaming studio Moonton to a Saudi‑backed firm. Moonton is best known for the hit mobile title Mobile Legends: Bang Bang, which has millions of players worldwide. The deal was announced in Hong Kong on March 20 and is
Matsui Securities, a trailblazer in Japan’s online trading scene, is exploring a partnership with several leading domestic banks and financial firms. The company has started early conversations about a potential capital alliance that could reshape its future strategy. Talks are still in the in
Accenture, a global consulting firm based in Dublin, Ireland, has warned that its revenue for the upcoming fiscal quarter will be a touch below what analysts expected. The company’s shares fell about 3% before the market opened. The slowdown comes as many businesses are postponing large digital mak
The federal government has just cleared a bill that will keep money flowing to small defense and aerospace companies in Southern California. The legislation, which extends the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through 2031, was approved
Lamborghini reported lower profits for 2025, even though it made a record amount of money. The drop comes from U. S. tariffs that hit sales and profit margins in its biggest market. Last year the company raised prices, but that did not fully cover the extra tariff costs. The operating margi
