Saks Global is going through a tough time. The company's CEO, Marc Metrick, has left his position. This comes as the luxury retail group is having trouble paying off its debts. The company missed a loan payment and is thinking about filing for bankruptcy. Richard Baker, who was the executive chairm
Greg Abel is now the boss at Berkshire Hathaway. He took over from Warren Buffett, who ran the company for a very long time. Abel is 63 years old. He has been with Berkshire since 2000. Before that, he was the CEO of MidAmerican, a utility company. At Berkshire, he helped turn MidAmerican into a bi
Legoland Florida is getting ready to launch something big! After 15 years, they are finally adding a new rollercoaster to their park. This isn't just any ride—it's a space-themed adventure called the Galacticoaster. It will open its doors on February 27, 2026. This ride is special because it's the
Mike Portnoy, a big name in progressive metal, recently shared his favorite albums of 2025. He's known for his drumming skills, but this list shows he's also a big music lover. His choices are not ranked, but they give a peek into what he enjoys. Portnoy's list is full of progressive rock and metal
In a surprising move, a Chinese tech company has just added a U. S. bakery to its growing collection of businesses. Dajialai Digital Technology Group Co. , Ltd. has taken control of Newberry Specialty Bakers, Inc. This deal is part of a bigger plan by Dajialai to build a large network of companies u
A major tech company is considering a butterfly spread strategy. This is a type of options trading. It is known for its potential to profit from minimal stock price movements. The strategy involves using a combination of put and call options. This can limit risk while still offering a chance for gai
The job scene in Buffalo Niagara is a bit of a puzzle. Some areas are doing well, while others are struggling. This mix makes it hard to say if the job market is really getting better or worse. Let's talk about the good news first. Some industries are adding jobs. These include healthcare, educatio
In December, Britain's manufacturing sector showed some signs of improvement, but the overall outlook remains uncertain. The S&P Global Purchasing Managers' Index (PMI) for manufacturing rose to 50. 6, up from 50. 2 in November. However, this was lower than the initial estimate of 51. 2. This increa
A water agency in Santa Clarita Valley just got some big praise. They won a fancy award for their budget plans for the next two years. The Government Finance Officers Association gave them the Distinguished Budget Presentation award. This isn't their first time winning, either. It's actually the fif
Minnesota is in hot water. The Small Business Administration (SBA) has put a freeze on nearly 7, 000 loans. Why? Because there's a big fraud scandal brewing. These loans, worth up to $400 million, were given out during the COVID-19 pandemic. The idea was to help small businesses, but it seems some p
