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Valentino, founder of Italian luxury empire, dies at 93

adminJanuary 21, 20260

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was 93, and had retired in 2008. Founder of the eponymous brand, Valentino scaled the heights of haute couture, created a business empire and introduced a new color to the fashion world, the ‘Valentino […]

Saks files for bankruptcy as luxury market struggles

adminJanuary 16, 20260

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts […]

Warner Bros. Discovery rejects Paramount’s amended takeover offer

adminJanuary 11, 20260

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to […]

Trump Media to merge with nuclear fusion company

adminDecember 21, 20250

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl […]

Apple’s AI chief abruptly steps down

adminDecember 4, 20250

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since 2018, where his official title was senior vice president for machine learning and AI strategy. He will be replaced by Amar Subramanya, who comes to Apple after a brief stint as […]

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

adminDecember 4, 20250

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu’s youth-driven appeal. The highly anticipated deal is expected […]

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

adminDecember 4, 20250

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’ for children across the country. These accounts will be seeded with $250 each, and available for children who missed the eligibility cutoff for the $1,000 federally funded ‘Trump Accounts’ for babies born after […]

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

adminDecember 4, 20250

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced Monday. The company will also pay $3.4 million in civil penalties under the agreement with the city’s Department of Consumer and Worker Protection. It also […]

Shopify says a daylong Cyber Monday outage has been resolved

adminDecember 4, 20250

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber Monday’ shopping day. Some merchants that use Shopify’s service to sell goods online said they experienced issues with checkouts through the company’s point-of-sale system. Businesses that run on Shopify also had […]

Airbus says most of its recalled 6,000 A320 jets are now modified

adminDecember 2, 20250

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines long focused on rival Boeing. Dozens of airlines from Asia to the United States said they had carried out a snap software retrofit ordered by […]

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Category: Business

What falling wage growth says about where the U.S. economy is heading

U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

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Valentino, founder of Italian luxury empire, dies at 93

Saks files for bankruptcy as luxury market struggles

Warner Bros. Discovery rejects Paramount’s amended takeover offer

Trump Media to merge with nuclear fusion company

Apple’s AI chief abruptly steps down

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Shopify says a daylong Cyber Monday outage has been resolved

Airbus says most of its recalled 6,000 A320 jets are now modified

Grid News

What falling wage growth says about where the U.S. economy is heading

U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’

Latest Post

What falling wage growth says about where the U.S. economy is heading

U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated