latest news in companies
Saks Global Nears $1.75 Billion Funding Deal to Sustain Operations Through Bankruptcy
New York, Tuesday, 13 January 2026.
Facing imminent Chapter 11, Saks Global is finalizing a critical $1.75 billion financing package to keep its iconic storefronts open. This massive liquidity injection aims to stabilize the luxury conglomerate as it navigates a complex restructuring and significant leadership transition following its debt-laden merger.
BTS Announces 2026 World Tour Projected to Generate $1 Billion Revenue
Goyang, Tuesday, 13 January 2026.
After a four-year hiatus, BTS announces a 79-date global tour starting April 2026. Analysts project the series will generate over $1 billion, providing a critical revenue surge for HYBE Corporation.
Boeing Overtakes Airbus in Annual Orders Marking Major 2025 Turnaround
Arlington, Tuesday, 13 January 2026.
Boeing secured 1,173 net orders in 2025, outselling Airbus for the first time since 2018. This pivotal market shift signals a robust recovery, though Airbus retains the lead in total deliveries.
Klarna and Sallie Mae Face Legal Scrutiny Over Alleged Financial Misconduct
Los Angeles, Tuesday, 13 January 2026.
Filed January 13, 2026, these lawsuits allege both firms concealed critical financial risks, with Klarna accused of downplaying rising loss reserves merely four months after its September IPO.
U.S. Bancorp Bolsters Trading Operations With Strategic $1 Billion Acquisition of BTIG
Minneapolis, Tuesday, 13 January 2026.
U.S. Bancorp diversifies revenue beyond lending by acquiring brokerage BTIG for up to $1 billion, significantly expanding its institutional trading and investment banking footprint.
NANO Nuclear Targets South Korean Industrial Decarbonization via DS Dansuk Alliance
Seoul, Tuesday, 13 January 2026.
This strategic collaboration leverages South Korea’s manufacturing infrastructure to deploy the innovative “One Factory, One MMR” initiative, positioning NANO Nuclear to accelerate microreactor commercialization across the broader Asian market.