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Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt

Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman.

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Chinese Cars Could Be Huge in U.S., and That’s the Problem, Officials Say

The Times test-drove a stunning crossover from Geely that would cost under half of what its rivals…
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Pennsylvania’s A.I. Gold Rush Meets Second Thoughts

Amid a backlash, Gov. Josh Shapiro is pumping the brakes on enormous data centers. But in a region…
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A $480,000-a-Year Pill Reflects a New Normal for Cancer Drugs

Rasonque, the new pancreatic cancer treatment from Revolution Medicines, illustrates the huge…
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