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CaaStle founder pleads guilty in 300 million dollar fraud case

Christine Hunsicker, the founder and former chief executive officer of CaaStle, has pleaded guilty to one count of securities fraud. As part of the plea, Hunsicker has agreed to offload nearly 300 million dollars in proceeds from a scheme intended to defraud investors of both CaaStle and her related business venture, P180. In a statement, United...

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Richard Baker: The man who couldn't save Saks and Hudson's Bay

In the turmoil surrounding iconic North American department stores, one name has repeatedly surfaced in recent months: Richard Baker. Under the leadership of the current Galeria investor, the Canadian department store chain Hudson’s Bay was forced to close after more than 355 years, and the luxury department store group Saks Global filed for...

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