Neiman Marcus

M&A

Saks-Neiman Marcus Merger Lures Amazon, Salesforce Into Luxury

Photo by NoDerog via iStock

The owner of Saks Fifth Avenue reached a deal to acquire rival Neiman Marcus for $2.65 billion, the companies announced Thursday.

2 min read

Photo by v0v via iStock

Banking

Goldman Realigns Banking and Markets Divisions to Form Mega-Deals Team

The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.

2 min read
Photo by Xuthoria via CC BY-SA 4.0

CIO Upside

What Enterprise Leaders Can Take Away From CES

In Las Vegas, AI took center stage – and with it, Nvidia.

2 min read
Photo via Connor Lin / The Daily Upside

CIO Upside

AI Market Concentration May Cause an Ethics Responsibility Shift

In a concentrated market, who’s responsible for responsible AI?

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.