Saks secures $600M in financing deal with bondholders: report

The first $300 million will be given right away by investors who hold just over half of Saks’ $2.2 billion in high-interest bonds.

Alcaraz-Fognini among key Wimbledon openers
Carlos Alcaraz will begin his quest for a third straight Wimbledon title against dangerous Italian Fabio Fognini, and women's top seed Aryna...
Early 2026 NBA mock draft: Meet the four contenders for the No. 1 pick
There's considerable excitement around next year's draft class thanks to four players vying for the top spot.
Michael Kay reveals plan to cut back on Yankees games
Michael Kay would prefer to say "See ya" fewer times during the course of the Yankees season.
Supreme Court rules in favor of Maryland parents who want to pull kids from classes with LGBTQ-themed books
A group of Maryland parents who sued a school board over its refusal to allow elementary school children to be taken out of classes with...
Meta exec calls OpenAI’s Sam Altman ‘dishonest’ over claims of ‘$100M signing bonuses’ to poach AI talent
A top Meta executive called OpenAI’s Sam Altman is “dishonest” for claiming that Mark Zuckerberg was offering $100 million pay packages in an...
Trump aims for trade deals with key partners in Asia in coming weeks: sources
July 9 is a key date. It's when Trump's tariff pause against most trading partners ends.