News
Important Only
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
Saks Global listed $1 billion to $10 billion in assets and liabilitiesLargest unsecured creditors include luxury brands like Chanel and Gucci-owner KeringSaks finalizes $1.75 billion package to keep stores openFormer Neiman head van Raemdonck named new CEO; Richard Baker exitsDownfall of iconic bran...Reuters
Wed, Jan 14
As Of Bankruptcy Filing Date, Saks Global's Debtors Owed About $3.4 Billion In Pre-Filing Debt - Court Filing
Jan 14 (Reuters) - AS OF THE BANKRUPTCY FILING DATE, SAKS GLOBAL'S DEBTORS OWED ABOUT $3.4 BILLION IN PRE-FILING DEBT- COURT FILINGSAKS GLOBAL HAS ABOUT 14,610 FULL-TIME, 2,220 PART-TIME EMPLOYEES- COURT FILINGSAKS GLOBAL ASK COURT TO KEEP CUSTOMER PROGRAMS, INCLUDING REFUNDS AND GIFT CARDS, RUN...Reuters
Wed, Jan 14
New Horizon Aircraft Plans To Double Headcount In Engineering Team By The End Of 2026
Jan 14 (Reuters) - New Horizon Aircraft Ltd HOVR.O:NEW HORIZON AIRCRAFT LTD - PLANS TO DOUBLE HEADCOUNT IN ENGINEERING TEAM BY THE END OF 2026NEW HORIZON AIRCRAFT - EXPECTED ASSEMBLY OF FIRST PROTOTYPE OF FULL-SCALE HYBRID-ELECTRIC CAVORITE X7 AIRCRAFT IN 2026 & INITIAL TESTING IN EARLY 2027Sou...Reuters
Wed, Jan 14
ADVISORY-Alert incorrectly tagged to Alpaca VC Fund III withdrawn
An alert on brokerage infrastructure provider Alpaca's $150 million Series D funding round was wrongly tagged to Alpaca VC Fund III ZACLGX.O, an unrelated entity, and has been withdrawn.For the correct set of alerts (click here)STORY_NUMBER: nFWN3YF0DBSTORY_DATE: 14th january 2026STORY_TIME: 12:...Reuters
Wed, Jan 14
Bank Of America Says It Remains Bullish On The U.S. Economy in 2026
Jan 14 (Reuters) - Bank of America Corp BAC.N:BANK OF AMERICA: IMPROVED RETURNS YEAR-OVERYEAR FOR BOTH THE FULL YEAR AND THE QUARTERBANK OF AMERICA: EXPECT FY26 NII (FTE) TO GROW 5% TO 7% YOY - PRESENTATIONBANK OF AMERICA: EXPECT FURTHER ECONOMIC GROWTH IN THE YEAR AHEADBANK OF AMERICA: EXPECT...Reuters
Wed, Jan 14
UnitedHealth to accelerate Medicare Advantage payments to some rural hospitals
Jan 14 (Reuters) - UnitedHealth's UNH.N health insurance unit said on Wednesday it has launched a pilot program to accelerate Medicare Advantage payment timeline by 50% on average to support independent rural hospitals in some states.Reuters
Wed, Jan 14
GE Aerospace, Lockheed Martin Demonstrate Rotating Detonation Ramjet For Hypersonic Missiles
Jan 14 (Reuters) - General Electric Co GE.N:GE AEROSPACE AND LOCKHEED MARTIN DEMONSTRATE ROTATING DETONATION RAMJET FOR HYPERSONIC MISSILESGE AEROSPACE - GE, LOCKHEED TO CONTINUE RAMJET MATURATION IN 2026Source text: [ID:]Reuters
Wed, Jan 14
Morning News Call - U.S., January 14
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, Jan 14
Audi misses sales target despite strong end to the year
VW's premium brand registers 2.9% annual sales declineAudi hit hard by US tariffs and Chinese competitionPoints to upward sales momentum since SeptemberBy Emanuele Berro Jan 14 (Reuters) - Audi fell just short of its 2025 sales target despite a strong final quarter, the Volkswagen-owned VOWG...Reuters
Wed, Jan 14
The Coca-Cola Company Announces Changes In Operational Leadership
Jan 14 (Reuters) - Coca-Cola Co KO.N:THE COCA-COLA COMPANY ANNOUNCES CHANGES IN OPERATIONAL LEADERSHIP AND CREATION OF NEW ENTERPRISE ROLE TO ACCELERATE DIGITAL TRANSFORMATIONCOCA-COLA CO - HENRIQUE BRAUN TO BECOME CEO EFFECTIVE MARCH 31, 2026COCA-COLA CO - MANOLO ARROYO TO LEAD CUSTOMER AND COMMERC...Reuters
Wed, Jan 14
COLUMN-A back-of-envelope evaluation of national tax rates and freedom levels: Ross Kerber
By Ross Kerber Jan 14 - Last month I spoke with Vanessa Williamson of the Brookings Institution, who made the case for high taxes so governments respond to citizens' needs. She said authoritarians prefer low taxes and less important governments.I tested if this framing holds true in the real ...Reuters
Wed, Jan 14
Belgian cybersecurity startup Aikido hits unicorn status with new funding round
By Supantha MukherjeeSTOCKHOLM, Jan 14 - Belgium's Aikido Security has raised $60 million from investors led by tech-focused private equity firm DST Global at a valuation of $1 billion, the cybersecurity startup said on Wednesday, making it among Europe's first new unicorns of 2026. Founded ...Reuters
Wed, Jan 14
Honeywell-Backed Quantinuum Is Close To Filing For IPO - Bloomberg News
Jan 14 (Reuters) - HONEYWELL-BACKED QUANTINUUM IS CLOSE TO FILING FOR IPO - BLOOMBERG NEWSHONEYWELL-BACKED QUANTINUUM COULD ANNOUNCE AS SOON AS WEDNESDAY THAT IT PLANS TO CONFIDENTIALLY SUBMIT ITS IPO REGISTRATION - BLOOMBERG NEWSSource text: https://tinyurl.com/38ms9k84Reuters
Wed, Jan 14
UK regulators agree deal to coordinate with EU on critical tech providers
EU designated 19 tech firms as critical in NovemberDeal would seek to reduce risks from cyberattacks and web outagesUK rules took effect at the start of last yearBy Phoebe Seers and Lawrence White LONDON, Jan 14 (Reuters) - British financial regulators, including the Bank of England, have signed...Reuters
Wed, Jan 14
Bank of America Q4 revenue rises 7% with higher interest income for global markets
OverviewBank of America Q4 revenue rose 7% yr/yr to $28.4 blnEPS for Q4 increased 18% yr/yr to $0.98Net income for Q4 rose to $7.6 bln from $6.8 blnOutlookBank of America focuses on driving core growth and market share gains in 2026Company highlights strong liquidity and capital for future growthRes...Reuters
Wed, Jan 14
Wells Fargo Expects 2026 Net Interest Income +/- $50 Billion
Jan 14 (Reuters) - Wells Fargo & Co WFC.N:2026 NII EXCLUDING MARKETS IS EXPECTED TO INCREASE FROM 2025Q4 RESULTS INCLUDED $612 MILLION, OR $0.14 PER SHARE, OF SEVERANCE EXPENSEACHIEVED OUR PRIOR ROTCE TARGET OF 15% AND HAVE SET A NEW MEDIUM-TERM TARGET OF 17-18%Q4 NET INCOME, EXCLUDING A NOTABLE...Reuters
Wed, Jan 14
Dundee Corporation Announces The Accretive Monetization Of Its Royalty On The Borborema Gold Project
Jan 14 (Reuters) - Dundee Corp DCa.TO:DUNDEE CORPORATION ANNOUNCES THE ACCRETIVE MONETIZATION OF ITS ROYALTY ON THE BORBOREMA GOLD PROJECTDUNDEE CORP - ENTERS ROYALTY PURCHASE AGREEMENT WITH GOLD ROYALTY CORPDUNDEE CORP - SELLS BORBOREMA GOLD PROJECT FOR US$45 MILLIONFurther company coverage: [DCa.T...Reuters
Wed, Jan 14
