Saks owner seeks to secure $1 billion in funding as CEO departs: sources
Saks Fifth Avenue Owner Seeks Bailout Amid CEO Departure The owners of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, are trying to secure over $1 billion in bailout funding from both new and existing investors, according to recent reports. This comes at a time when the company has announced the resignation of its CEO. […]
Eric Adams aims for NYC commission to change primaries and sanctuary status, and Mamdani might not be able to intervene, according to sources
Adams Considers Changes to Sanctuary Status Mayor Eric Adams is thinking about creating a committee that might revoke the city’s sanctuary status. Yet, it seems that Zoran Mamdani may not have the power to stop this move, as reported. According to sources, the outgoing mayor plans to select members for a new, independent charter revision […]
China’s approach to AI might make Americans into sources of data.
AI’s Future: An American vs. Chinese Dilemma “The future of AI will either be shaped by American values or by China.” This stark warning came recently from Rep. Brett Guthrie (R-Ky.), who chairs the House Energy and Commerce Committee. At first glance, it might seem abstract. But it’s a very tangible concern. The pressing issue […]
Jared Kushner considers teaming up with Apollo and KKR for Ukraine’s post-war rebuilding fund, according to sources.
Kushner Seeks Aid for Ukraine’s Reconstruction Jared Kushner, serving as President Donald Trump’s special envoy to Ukraine, has reached out to major investment firms including Apollo Global Management and KKR for assistance in rebuilding Ukraine post-war, according to recent information. Kushner, who is Trump’s son-in-law and not an official member of the administration, was in […]
Paramount Skydance might increase its offer for Warner Bros. Discovery by 10% following a hostile approach, according to sources
Paramount Skydance is reportedly set to reevaluate its merger negotiations with Netflix, possibly increasing its offer for Warner Bros. Discovery (WBD) by about 10%, according to the Post. Founders David and Larry Ellison, after creating Paramount Skydance through a merger earlier this summer, are contemplating raising their all-cash proposal from $30 to $33 per share […]
Top New Jersey State Police official departing before Mikie Sherrill takes office as governor, according to sources
A high-ranking member of the New Jersey State Police, who faced accusations of making anti-Semitic comments at a children’s event, is likely to resume active duty prior to the inauguration of Gov. Mikie Sherrill next month, according to sources informed about the situation. Lt. Col. Sean Kilcommons and NJSP Superintendent Patrick Callahan are both expected […]
ECB supports simpler bank regulations rather than relaxing them, sources indicate
ECB Moves to Simplify Capital Buffer Rules for Banks FRANKFURT – The European Central Bank (ECB) is set to propose a simplification of capital buffer rules imposed on banks, aiming to streamline some of the complex regulations that emerged after the global financial crisis, according to sources familiar with the plans. In a presentation scheduled […]
Bruce Blakeman is set to formally launch his campaign for governor of New York on Tuesday, taking on Rep. Elise Stefanik for the Republican nomination, according to sources.
Blakeman Set to Enter NY Governor Race Against Stefanik Nassau County Executive Bruce Blakeman is expected to announce his candidacy for the New York governor’s race on Tuesday, going head-to-head with U.S. Rep. Elise Stefanik for the Republican nomination, according to reports. There has been a lot of chatter recently regarding whether Blakeman, a longtime […]
Adriana Diaz and Kelly O’Grady are set to be the new hosts of ‘CBS Saturday Morning,’ according to sources.
CBS News Shakeup: New Co-Hosts for “CBS Saturday Morning” Adriana Diaz and Kelly O’Grady are set to take on co-hosting duties for “CBS Saturday Morning” as part of a broader shakeup at the network, according to reports. This move follows the departure of former co-anchors Dana Jacobson and Michelle Miller, who wrapped up their final […]
Matt Gutman given significant position at ’48 Hours,’ also contributing to ’60 Minutes,’ sources say
Matt Gutman to Join CBS News’ “48 Hours” CBS News is reportedly preparing to introduce Matt Gutman from ABC News into a significant role on the true crime program “48 Hours.” Additionally, he’s expected to make appearances on “60 Minutes,” as detailed by a recent report. This transition is part of a “major overhaul” of […]