US stocks retreated on Wednesday as investors dumped tech stocks and big bank stocks fell, continuing a dim start to the ...

That provided a backdrop to quarterly reports from Bank of America and Wells Fargo , which both posted a surge in profit as ...

Stocks moved lower on Wednesday (January 14) for a second day, pulling back further from record levels, as traders digested a ...

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...

Geoffroy van Raemdonck, the new CEO of Saks Global, must grapple with the headaches of a chapter 11 bankruptcy, working with ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after ...

Saks Global filed for bankruptcy on the same day fresh monthly sales data showed stronger-than-expected U.S. retail sales.

The owner of Saks, Neiman Marcus and Bergdorf Goodman becomes the highest-profile department-store chain to file for chapter ...

The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.

The Chapter 11 bankruptcy filing by Saks Global Enterprises on Jan. 13 has raised questions among shoppers and vendors about ...

The move cast uncertainty over the future of U.S. luxury fashion, though the retailer said its stores would remain open for now.

Saks Global files for Chapter 11 bankruptcy after mounting debt and fallout from the Neiman Marcus acquisition, securing $1bn ...