DEVELOPMENT RESOURCES

Saks Mulls Bankruptcy Year After Raising Billions for Turnaround

Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter…

Lease-to-Own Firm FlexShopper Files Bankruptcy After Firing CEO

FlexShopper Inc., a publicly traded provider of lease-to-own financing for appliances, electronics and other consumer products, filed for bankruptcy months after firing its chief executive…

Cloudy future for bourbon has Jim Beam closing Kentucky distillery for a year

Cloudy future for bourbon has Jim Beam closing Kentucky distillery for a year

Bank of America’s Moynihan Says AI’s Economic Benefit Is ‘Kicking In More’

Bank of America Corp. Chief Executive Officer Brian Moynihan said that artificial intelligence is starting to have a bigger impact on the US economy.

Gold jumps over 2% to all-time peak, silver follows with record gain

GLOBAL-PRECIOUS/ (UPDATE 9, GRAPHIC):PRECIOUS-Gold jumps over 2% to all-time peak, silver follows with record gain

Google parent Alphabet to acquire energy firm Intersect for $4.75 bn amid AI data centre push—details about the deal

The deal between Google's parent company and Intersect comes amid a push by Big Tech to invest in energy firms, with power grids in the…

India regains favour of global investors with ‘mildly overweight’ allocation as China drops: Bofa survey

India is now mildly overweight in Bank of America's Asia Fund Manager Survey, reflecting its appeal as a diversification option. With 10% of fund managers…

Premji Invest buys 2.61 pc unitholding in NHIT for ₹754 cr

Azim Premji's Prazim Trading acquired 5.06 crore units (2.61% stake) in NHIT for ₹754.24 crore at ₹149.06 per unit. Vidyaniti LLP sold the same number…

ET Market Watch: Sensex adds 1,100 pts in 2 days on rupee bounce, FII buying

Infosys ADRs fall 7% in the opening trade, snap three-session winning streak

After an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) slipped more than 7% on Monday to hit an intraday low of $18.78,…

Larry Ellison net worth: How much does Oracle CTO earn amid buzz over $40 bn backing for son's Warner Bros bid?

Larry Ellison has pledged $40.4 billion to support Paramount and Skydance in their bid to acquire Warner Bros. assets, countering Netflix's offer. Following the news,…