Posted inBusiness
Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival…
Posted inBusiness
Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’
Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to…
Posted inBusiness
Shopify says a daylong Cyber Monday outage has been resolved
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to…
Posted inBusiness
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law
Starbucks will pay about $35 million to more than 15,000 New York City workers to…
Posted inBusiness
Apple’s AI chief abruptly steps down
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company…
Posted inBusiness
Airbus says most of its recalled 6,000 A320 jets are now modified
PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane…
Posted inBusiness
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Campbell’s has fired an executive accused of making racist comments and mocking its products and…
Posted inBusiness
Stock market sinks as AI and interest rate worries grip investors
What began as a banner day for stocks turned into a major rout, as investors…
Posted inBusiness
Bitcoin and other crypto assets sink in flight from risk
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a…
Posted inBusiness
Bargain hunters drive Walmart sales and outlook higher
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook…