Posted inBusiness
Trump administration alleges Nike discriminated against white workers
The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly…
Posted inBusiness
The architect of Amazon’s supply chain on running a startup with your spouse
For at least two decades, former Amazon executive Dave Clark ended his work week the…
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Elon Musk’s SpaceX acquires xAI
SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social…
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Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing…
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Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its…
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Valentino, founder of Italian luxury empire, dies at 93
ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known…
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Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late…
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Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a…
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Trump Media to merge with nuclear fusion company
Trump Media & Technology will merge with a fusion power company in an all-stock deal…
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…