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rainbow taxi company

Saks and Neiman Marcus Cut Store Count as Debt Gets Slashed

March 7, 2026

The luxury retail giants are trimming their physical footprints to stay afloat. In a new move, the parent company will shut 12 Saks Fifth Avenue locations and three Neiman Marcus shops by the end of May. This follows earlier closures that ended in April, bringing the total number of shutdowns to 24

business

Battle of the Prediction Market Titans

March 6, 2026

Kalshi and Polymarket are two big names in online betting on future events. Their leaders, Tarek Mansour and Shayne Coplan, are not just competitors; they seem to hate each other. Mansour often talks about Polymarket without naming him, calling the platform “unregulated and foreign. ” He ev

politics

Jesse Jackson’s Farewell: A City Comes Together

March 6, 2026

The House of Hope on Chicago’s South Side hosted a heartfelt farewell for Rev. Jesse Jackson, the civil‑rights icon who passed away on Feb. 17 at age 84. Former Presidents Barack Obama, Joe Biden and Bill Clinton took the stage, each sharing memories that highlighted Jackson’s lifelong fight for

business

SoftBank Lines Up $40 Billion to Back OpenAI’s AI Future

March 6, 2026

SoftBank is planning a huge loan that could reach $40 billion, aiming to boost its stake in OpenAI, the maker of ChatGPT. The move would be one of the biggest dollar‑only borrowings in the company’s history and is intended as a short‑term bridge, lasting roughly twelve months. Several large banks ar

business

A New Powerhouse Forms in the Media World

March 6, 2026

Banijay’s chief executive announced that last week marked a turning point after merging with All3Media. He praised the combined company’s growth, saying it shows how big teams and varied content can boost success. The merger is seen as a key step for staying competitive in a market that keeps shrink

business

Big Bet: Hedge Fund Boosts Flutter Shareholding

March 6, 2026

A hedge fund has raised its ownership in the world’s largest online betting company to 10. 7 percent, doubling from 5. 1 percent a few months ago. The move was revealed in a public filing, but the fund did not explain why it chose to increase its stake. When asked for a comment, it stayed silent. F

politics

Alaska’s Energy Future: Why a Pipeline Beats Quick LNG Export

March 6, 2026

The idea of sending gas straight from the North Slope to overseas markets without a pipeline raises serious concerns. First, it would bring huge ships close to fragile Arctic communities, disturbing traditional whaling that sustains both food and culture. Hunters rely on clear waters; large tankers

business

Funerals: When Grief Meets Business

March 6, 2026

People who lose a loved one often turn to the funeral industry for help. In Italy, studies show that families face many choices about how to honor their dead. Some of these decisions feel emotional, while others feel commercial. The first step is to decide what kind of service to buy. Families weig

politics

Presidents Gather to Honor Civil‑Rights Leader in Chicago

March 6, 2026

Former U. S. Presidents Joe Biden, Barack Obama and Bill Clinton are set to attend a large memorial service for civil‑rights activist Jesse Jackson in Chicago. The ceremony will take place at the House of Hope, a 10, 000‑seat venue on the city’s South Side. Jackson, who passed away last month at age

finance

Jiuzi’s New Cash Boost Could Shift Its Crypto Game

March 6, 2026

Jiuzi Holdings saw its shares climb sharply after announcing a fresh $80 million deal. The move comes as the company plans to enter the crypto‑asset arena, a sector that is still finding its footing. The investor will buy 40 million ordinary shares at $2 each, giving Jiuzi a sizable cash injectio