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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 only by his first name, Valentino was 93,...
Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled...
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 series of rejections in David Ellison’s pursuit of...
Trump Media to merge with nuclear fusion company
Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at...
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 Versace in a 1.25 billion euro (nearly $1.4...
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 an end a daylong glitch on the annual...
Apple’s AI chief abruptly steps down
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple...
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 settle claims it denied them stable schedules and...
