The retailer in recent months has slashed the number of Saks Fifth Avenue stores by almost…
Day: April 30, 2026
Hershey CEO on Making Luxury Chocolate Accessible—and Battling Ozempic Breath
Kirk Tanner sees opportunities for the chocolate maker, as it navigates weight-loss drugs and stretched consumers.
How Silicon Valley’s Brightest Parents Broke Their Own School
Tech executives built the “it” school for their gifted kids. Lawsuits, internal feuding and a breakaway…
Camp Mystic Won’t Reopen This Summer After Withdrawing License Application
Texas authorities told the all-girls camp last week that its emergency plans fell short in more…
A Wild Short Squeeze on Avis’s Stock Takes Another Surprising Turn
The rental car company says a hedge-fund firm behind the big swings owes it money because…
The Clock Is Ticking for Big Tech to Make AI Pay
Depreciation charges are eating into earnings at Microsoft, Alphabet, Meta and Amazon.
It’s a Blowout Earnings Season. Here’s Why That Might Be a Bad Sign.
Plus, Meta does a faceplant
Activist Hedge Fund Makes Nearly $3 Billion Offer to Buy Meineke Owner
ADW Capital says private-equity firm Roark Capital is mismanaging Driven and offers a roughly 40% premium…
Blue Owl Expands Other Businesses With Private Credit in Turmoil
The company reported stronger fundraising for its smaller businesses in the first quarter, offsetting stalled growth…
Boaz Weinstein Scores Victory in Fight Over Fund With SpaceX Stake
The American hedge-fund manager won a vote to oust the board of a British investment trust.