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Teen Clothing Retailer rue21 Files Bankruptcy for Third Time
Teen clothing retailer rue21 has filed bankruptcy and will attempt to sell itself, marking the third time the business has sought court protection and the latest sign of trouble for mall-based outlets.
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US Labor Costs Rise by Most in a Year as Productivity Cools
US labor costs increased in the first quarter by the most in a year as productivity gains slowed, potentially adding to risks inflation will remain elevated.
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Czechs Cut Key Rate Again With Outlook Becoming More Hawkish
The Czech Republic cut borrowing costs by half a percentage point for a third consecutive meeting, though a nascent economic recovery and sticky inflation may mean it’s the last such move this year.
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Wearable exoskeleton can turn you into superhuman athlete
The X1 exoskeleton is a motorized artificial intelligence-powered all-terrain device that straps to your waist and thighs for hiking climbing and running.
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Google paid Apple $20 billion in 2022 to be Safari’s default search engine.
That’s according to Apple’s Eddy Cue in court documents filed ahead of closing arguments in the DoJ’s antitrust case against Google. It’s the first time the number has been confirmed, and marks an increase from the $18 billion reportedly paid in 2021. The filing also shows that Google’s 2020 payments were 17.5 percent of the […]
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Novo Trades at Hefty Discount to Lilly Even After 350% Rally
Novo Nordisk A/S’s more than 350% rally over the past four years may have further to run if the weight-loss drug firm is to close the gap with its US competitor.
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Goldman Sachs to Scrap Pre-Brexit Cap on City of London Bonuses
Goldman Sachs Group Inc. is preparing to scrap an EU-era cap on bonuses for hundreds of its highest paid staff in Britain, according to a person familiar with the matter.
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Serena Williams Wants to Conquer Wall Street
On the latest episode of The Deal, the tennis icon explains how her venture capital firm is trying to elevate a new generation of founders.
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What’s Anglo Worth? For Now It’s Less than the Sum of Its Parts
As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American Plc actually worth?
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Google Manipulation Threatens Another Election
In less than six months, Americans will head to the polls.
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