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Saks Global is cutting 640 corporate jobs as it works through bankruptcy

The cuts represent 16% of the luxury retailer's corporate workforce but less than 4% of its roughly 17,000 total employees [...]

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Top 10 AI Content Generator & Writer Tools in 2022

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Saks Global exits bankruptcy and rebrands as Exemplar Luxury Group

The parent of Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman cut its debt by 75% and closed hundreds of stores during restructuring [...]

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Top 9 Free AI Tools That Make Your Life Easier

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Destination
EV startup Canoo has filed for bankruptcy and stopped all operations

Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on [...]

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From Silicon Valley to Nairobi: What the Global South’s AI leapfrogging teaches tech leaders

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Lucid to buy Nikola's Arizona EV facilities after the latter's bankruptcy

Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offe [...]

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