Consumers’ flight from brick-and-mortar stores in malls has led several popular retailers to close hundreds of stores since the Covid-19 pandemic. The year began with Saks Fifth Avenue’s parent, Saks Global Enterprises LLC, filing for…
Cathie Wood, chief of Ark Investment Management, likes to take advantage of IPOs. Cathie Wood, founder and CEO of Ark Investment Management, likes to jump into some of Wall Street’s hottest IPOs. In recent years,…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. What should I wear today? It’s the age-old question repeated each…
A nurse in Queens earning $75,000 a year hands over more than $12,000 in federal income taxes. That scenario is exactly what Jeff Bezos says the country no longer needs to tolerate, and Grant Cardone…
Most executives announcing layoffs lean on a familiar script. They talk about efficiency, strategic alignment, and the need to position the company for long-term growth. The language is careful. The emotion is managed. What Mark…
Microsoft CEO Satya Nadella revealed earlier this year that the company now writes up to 30% of its code using generative AI. The company has invested $13 billion in OpenAI. It built GitHub Copilot. It…
David Einhorn is not known for cheerleading. The Greenlight Capital founder built his reputation on sharp short bets, including his famous calls against Lehman Brothers and Allied Capital. When Einhorn goes on offense, Wall Street…
As a journalist covering the cannabis landscape for over five years, I’ve reported on a number of regulatory changes and medical achievements in the space. Over the last decade, the U.S. cannabis industry exploded, evolving…
The soda market has grown beyond being an indulgence. For decades, grabbing a Coke, a Pepsi, or some other flavor of soda was a treat. Now, at least for younger generations, soda has become a…
Big banks are strange companies to own. From the outside, they look slow and lumbering. From the inside, they are a single bad weekend away from a phone call to the Treasury Department. That tension…