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CNBC BusinessJan 15, 2026
How Saks' acquisition of Neiman Marcus plunged the company into bankruptcy: 'Recipe for disaster'
Saks used $2.2 billion in junk bonds to buy Neiman Marcus, but didn't have enough money left over to pay vendors, which led the company to declare bankruptcy.

Inc.comJan 15, 2026
Warren Buffet Was Still Open to Making a $100 Billion Mega-Deal During His Final Months as CEO
Berkshire Hathaway reportedly had almost $400 billion in cash at the end of Q3.



CNBC FinanceJan 15, 2026
Morgan Stanley earnings top estimates driven by wealth management
The wealth management unit posted $8.4 billion in net revenue in the most recent quarter, up from $7.5 billion a year earlier.
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