Dubai: Emirates Islamic will close five branches by the end of 2025 as part of a wider rationalisation strategy that shifts more investment toward digitisation and customer experience enhancements.

Mubadala Development Co. said Thursday it has assumed ownership in the gold-mining company AUX, formerly owned by embattled Brazilian tycoon Eike Batista. S&P cut its credit ratings on a number of oil ...

Officials in Marion say the massive redevelopment is on track, but one of the three main developers has already dropped out, ...

At Montclair State University in New Jersey, a departmental restructuring plan is igniting concerns about the future of the humanities. By Sharon Otterman It began, the professors said, last November, ...

ConnectCRE also reports that Read King acquired the 23-acre Macy’s parcel last year. The rest of Almeda Mall is still hanging ...

Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...

Nissan posts its fifth straight quarterly loss as the company pushes forward with a major restructuring and cost-cutting plan. Nissan reported its fifth straight quarterly net loss, partly due to U.S.

To get back on track for 2026, Saks must find a way of making its debt levels sustainable and focus on driving the sales line ...

On a 3-game Emirates NBA Cup night highlighted by Clippers-Lakers, the bracket got a bit clearer. Ben Lambert, for NBA.com Luka Dončić and the Los Angeles Lakers defeated the Clippers to clinch West ...

Leggett & Platt, Incorporated is restructuring amid declining competitiveness, debt overhang, and stagnant revenues, leading to divestments and a major dividend cut. LEG sold its aerospace business to ...

The Trump administration revealed this week a revamped organizational chart for the Department of Energy, one which dumps several offices focused on renewable energy while elevating fusion. The ...

The University of Chicago’s Division of the Arts & Humanities is preparing for a significant reorganization to cut administrative costs, with proposed changes expected to be presented to Provost ...