US Business

Putting Saks and Neiman Marcus together was supposed to create a luxury powerhouse. Just over a year later, unpaid debts triggered its bankruptcy.

Federal investigators are reviewing how Boeing responded to past failures of certain components on its McDonnell Douglas aircraft.

The electric-vehicle maker currently offers the advanced driver-assistance features for a one-time payment of $8,000 or a subscription of $99 a month in the U.S.

At Crane Stationery, the craft of high-precision engraving is in danger of becoming a lost art.

The defense company—a key supplier of ammunition—plans to list on Euronext Amsterdam in coming weeks.

The owner of Saks, Neiman Marcus and Bergdorf Goodman becomes the highest-profile department-store chain to file for chapter 11 since the pandemic.

The companies had struck a $72 billion cash-and-stock deal in December.

Geoffroy van Raemdonck steered Neiman Marcus through its own chapter 11 proceedings before selling the luxury retailer to Saks in 2024.

Percepta, founded by two ex-Palantir employees, says Palantir’s lawsuit hinges on an overly broad interpretation of employment agreements.

Increasing demand from the tech industry threatens to max out generation capacity in a 13-state region. Consumers are furious about rate increases.