Luxury retailer Saks seeks bankruptcy protection overwhelmed by debt
The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a year ago. Saks Global has secured roughly $1. 75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy Wednesday in the Southern District of Texas. The private company said that stores will remain open as it restructures company debt, meaning that it will honor the programs...
Read MoreWed, 14 Jan 2026
- Luxury retailer Saks seeks bankruptcy protection overwhelmed by debt
- A construction crane falls onto a moving train in Thailand, killing at least 32 people
- Trump says anything less than having Greenland in the United States hands is unacceptable
- Japan's Takaichi plans to dissolve lower house to set up an early snap election
- Iran signals fast trials and executions for protesters as death toll in crackdown goes over 2,500
- The Latest: Iranian judge signals trials and executions as activists say death toll surpasses 2,500
- China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs
- Hundreds more in Venezuela say their loved ones are 'political prisoners'
- Senate readies vote on Venezuela war powers as Trump pressures GOP defectors
- Prosecutors want 20-year sentence for ex-South Carolina lawmaker for sharing child sex abuse videos
- Proposed billionaires' tax in California rattles Silicon Valley, entangles Gov. Newsom
Tue, 13 Jan 2026
- See the dates and ticket plans for the BTS tour that starts in April
- The Latest: Trump lashes out at Federal Reserve in speech to Detroit Economic Club
- The death toll from a crackdown on protests in Iran jumps to at least 2,571, activists say
- Russia attacks Ukraine's power grid again in freezing temperatures
- 'West Wing' actor Timothy Busfield turns himself in to face child sex abuse charges in New Mexico
- Gaza's living conditions worsen as strong winds and hypothermia kill 5
- Trump calls on Tehran to show protesters humanity amid reports of rising death toll in crackdown
- Minnesota protesters, agents repeatedly square off while prosecutors quit after Renee Good's death
- Justice Department sees no basis for civil rights probe in Minnesota ICE shooting, official says
- Denmark, Greenland leaders stand united against Trump's Greenland takeover call ahead of key meeting
- Mike Tomlin steps down after 19 seasons as coach of the Pittsburgh Steelers
- Supreme Court seems likely to uphold state bans on transgender athletes in girls and women's sports
- Clintons refuse to testify in House Epstein probe as Republicans threaten contempt proceedings
- Trump administration labels 3 Muslim Brotherhood branches as terrorist organizations
- Marine Le Pen's appeal trial opens in Paris, with far-right leader's 2027 presidential bid at stake
- Scott Adams, whose comic strip 'Dilbert' ridiculed white-collar office life, dies at 68
- Inflation cooled slightly in December though it remains above Fed's target
- Top central bankers express 'full solidarity' with Fed Chair Powell in clash with Trump
- Wisconsin Gov. Evers casts doubt on his lieutenant governor's ICE proposal
Mon, 12 Jan 2026
- Pentagon is embracing Musk's Grok AI chatbot as it draws global outcry
- DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence
- Trump holds off on military action against Iran's protest crackdown as he 'explores' Tehran messages
- US lawmakers to visit Denmark as Trump continues to threaten Greenland
- Sen. Kelly sues the Pentagon over attempts to punish him, declaring it unconstitutional
- Uvalde teacher who survived class shooting testifies he saw 'black shadow with a gun'
- New video shows the minutes before immigration officer fatally shoots woman in Minneapolis
- Trump says Iran trade partners will face 25% tariffs from US as he looks to pressure Tehran
- Minnesota and the Twin Cities sue the federal government to stop the immigration crackdown
- Thousands of nurses go on strike at several major New York City hospitals
- Stocks of credit card companies slump as Wall Street overall drifts in mixed trading
- Arizona strengthens hold on No. 1 in AP Top 25; Vanderbilt cracks top 10
- Cuba's president says no current talks with the US following Trump's threats
- Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making
- 'Hamnet' and 'One Battle After Another' take top honors at Golden Globes
- Inside the Golden Globes: The reunions and moments the telecast didn't show
- Malaysia and Indonesia become the first countries to block Musks Grok over sexualized AI images
- The Latest: Trump says Iran proposed negotiations as hundreds killed in protests
- George Floyd and Renee Good: 5 years between Minneapolis videos, and confusion has increased
- Golden Globe highlights: Brazil on a streak, Amy Poehler's pod wins and Seth Rogen comes full-circle
- Venezuelans in the US are torn between joy and worry after ousting of Maduro
Sun, 11 Jan 2026
- The Latest: Golden Globes kicks off Hollywood's 2026 awards season
- Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
- Death toll from protests in Iran hits at least 544, activists say, as Trump says Iran wants to talk
- Purdy, 49ers eliminate defending Super Bowl champion Eagles with 23-19 win in wild-card game
- Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting
- Video captures Minneapolis immigration arrest in a city on edge after shooting of Renee Good
- Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot
- With Cuban ally Maduro ousted, Trump warns Havana to make a 'deal' before it's too late
- Hamas says it will dissolve its Gaza government when new Palestinian body takes over
- Guard at Winter Olympic construction site dies in nighttime sub-freezing temperatures
- Iranian protests are growing. Israel is watching closely
- A $400,000 payout after Maduro's capture is putting prediction markets in the spotlight
- Kurdish fighters evacuated from Aleppo after days of violent clashes
- Buddhist monks and their dog captivate Americans while walking for peace
- Retouched images of Netanyahu's wife, distributed by the state, ignite a fiery ethics debate
- Lawsuits by Trump allies could shape how the 2030 census is done and who will be counted
- Pope Leo baptizes 20 infants in a tradition marking the end of the Christmas season
- Transgender teen athlete in a Supreme Court fight knows the upcoming sports season could be her last
- US launches new retaliatory strikes against IS in Syria after deadly ambush
- Ukrainian drone attack in Russia kills 1 following Moscow's intense bombardment
- How Olympians think about success and failure and what we can learn from them
- Milans Catholic archdiocese brings Olympic values into parish life
- Myanmar holds second round of voting in first general election since military takeover
- Caleb Williams rallies Bears from 18 points down for 31-27 playoff win over rival Packers
Sat, 10 Jan 2026
- Stafford's late TD pass to Parkinson lifts the Rams past the Panthers 34-31 in tense playoff opener
- Death toll in violence surrounding protests challenging Iran's theocracy reaches 116, activists say
- Grateful Dead founding member Bob Weir dies at 78
- Slow-moving prisoner releases in Venezuela enter 3rd day after government announces goodwill effort
- 6 people killed in Mississippi rampage, including 7-year-old girl. Suspect charged with murder
- Anti-ICE protesters assemble across the US after shootings in Minneapolis and Portland, Oregon
- Nicaraguas government says its freeing detainees after pressure from the US
- Virginia man pleads not guilty to charges in DC pipe bomb case
- Supporters press for a DC memorial to Thomas Paine, whose writings helped fuel the Revolutionary War
- Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
- Stafford gets first nod for AP All-Pro. Garrett, Nacua and Smith-Njigba are unanimous choices
- Congress is debating the possible consequences for ICE and even Noem after Renee Good's killing
- Doctors say changes to US vaccine recommendations are confusing parents and could harm kids
- Ukrainian drones set fire to Russian oil depot after Moscow launches new hypersonic missile
- Greenland's party leaders firmly reject Trump's push for US control of the island
- VR headsets are 'hope machines' inside California prisons, offering escape and practical experience
- Filipino rescuers detect 'signs of life' in garbage avalanche that killed 4 and left dozens missing
- National championship game will be a homecoming for Indiana QB Fernando Mendoza
- A battered Cuba braces for aftershocks as US seizures of oil tankers linked to Venezuela surge
Fri, 09 Jan 2026
- Actor Timothy Busfield accused of child sex abuse in New Mexico
- Trump administration cant block child care money for 5 Democratic-led states for now, judge says
- Washington National Opera bows out of Kennedy Center
- Russia uses its new ballistic missile in a major attack on Ukraine and a warning to West
- New video of fatal Minnesota ICE shooting, from officer's perspective, brings fresh scrutiny
- The Latest: US military says its forces intercept another sanctioned oil tanker in the Caribbean
- Minneapolis schools offer remote learning as tensions rise over federal immigration enforcement
- Trump promises oil executives 'total safety' if they invest in Venezuela after Maduro ouster
- Judge to temporarily block effort to end protections for relatives of citizens, green card holders
- Wife of Minnesota woman killed in ICE shooting: 'We had whistles. They had guns'
- Wall Street rises to more records
- Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%
- Luigi Mangiones federal death penalty trial could start before the end of the year
- Swiss bar owner put in pre-trial detention over the fatal fire at an Alpine resort
- US intercepts fifth sanctioned tanker as it exerts control over Venezuelan oil distribution
- Some flu measures decline, but it's not clear this severe season has peaked
- Iran supreme leader signals upcoming crackdown on protesters 'ruining their own streets' for Trump
- Russia just used its new hypersonic missile again in Ukraine. Here's what to know about the Oreshnik
- As Trump promises Venezuelan renaissance, locals struggle with crumbling economy
- Trump pick for Gaza board Nickolay Mladenov frequently worked to ease Mideast tensions
- Israeli strikes kill at least 13 across Gaza, as Trump is expected to announce Board of Peace
- Federal immigration officers shoot and wound 2 people in Portland, Oregon, authorities say
Thu, 08 Jan 2026
- Minnesota shooting videos challenge administration narrative, policing experts question tactics
- The deadly shooting outside a Utah church grew out of a dispute between funeral goers, police say
- Anger and outrage spills onto Minneapolis streets after ICE officer's fatal shooting of Renee Good
- Internet and phones cut in Iran as protesters heed exiled prince's call for mass demonstration
- Fatal ICE shooting sparks jurisdiction clash between state and federal authorities
- House passes bill to extend health care subsidies in defiance of GOP leaders
- NASA, in a rare move, cuts space station mission short after an astronaut's medical issue
- Some dogs can expand their vocabulary by eavesdropping on their owners
- 2-time Olympic champion Chloe Kim injures shoulder, 'trying to stay optimistic' for Italy
- Most of Wall Street drifts as defense companies rally
- Denmark, Greenland envoys met with White House officials over Trump's call for a 'takeover'
- Harvey Weinstein weighs plea on rape charge but insists he 'never assaulted anyone'
- Senate pushes back on Trump's military threats against Venezuela with war powers vote
- 'Worst in Show' CES products include AI refrigerators, AI companions and AI doorbells
- Israel says Bulgarian diplomat Nickolay Mladenov to direct Trump's Board of Peace for Gaza
- White House says it wasn't economical to save East Wing during ballroom construction
- Dolphins fire Mike McDaniel, increasing the total number of NFL coaching openings to 8
- Venezuela to release a 'significant number' of prisoners as gesture to 'seek peace'
- Judge disqualifies federal prosecutor in investigation into New York Attorney General Letitia James
- US will exit 66 international organizations as it further retreats from global cooperation
- Trump officials and Louisiana put an end to another decades-old school desegregation order
- Woman killed by ICE agent in Minneapolis was a mother of 3, poet and new to the city
- Slightly more Americans file for jobless benefits in the last week of 2025, but layoffs remain low
- Gmail's new AI features, turning it into a personal assistant
- Rep. Steny Hoyer, the longest-serving House Democrat, will retire at the end of his term
- China and Japan, uneasy neighbors in East Asia, are at odds again
- Saudi Arabia alleges UAE smuggled wanted Yemen separatist leader out of the country
- Rubio plans to meet with Danish officials next week to talk about US interest in Greenland
- 2 killed in shooting outside Mormon church in Salt Lake City
- US seeks to assert its control over Venezuelan oil with tanker seizures and sales worldwide
- Trumps 'beautiful' new law means states have big decisions this year on Medicaid, SNAP and taxes
Wed, 07 Jan 2026
- California loses $160M for delaying revocation of 17,000 commercial drivers licenses for immigrants
- Attorney for Rob Reiner's son resigns but says his client is not guilty of murder under state law
- Trump threats against Greenland pose new, potentially unprecedented challenge to NATO
- ICE officer kills a Minneapolis driver in a deadly start to Trump's latest immigration operation
- Shooter who killed Brown students and MIT professor planned attack for years, DOJ says
- 'One Battle After Another' dominates SAG's Actor Awards with 7 nominations
- New dietary guidelines urge Americans to avoid processed foods and added sugar
- Winter storms bring snow, ice and school and road closures to New England. More bad weather's coming
- Gov. Ron DeSantis calls for special session in April to redraw Florida's congressional districts
- Wall Street's hot start to the year cools as stocks drift
- President Petro's clash with Trump over Venezuela backs Colombia into a corner
- Trump officials loosen strings on federal education money for Iowa. More states could follow
- Yemen's southern separatists lose contact with delegation that traveled to Riyadh for talks
- US military action in Venezuela is seen as both a blessing and a curse for Russia's Putin
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