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Categories Business

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

December 4, 2025

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly

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Categories Business

Apple’s AI chief abruptly steps down

December 3, 2025

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at

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Categories Business

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

December 3, 2025

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules

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Categories Business

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

December 2, 2025

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster

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Categories Business

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

November 29, 2025

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination

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Categories Business

Bitcoin and other crypto assets sink in flight from risk

November 24, 2025

Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors

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Categories Business

Stock market sinks as AI and interest rate worries grip investors

November 24, 2025

What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of

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Categories Business

Bargain hunters drive Walmart sales and outlook higher

November 22, 2025

Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping

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Categories Business

U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

November 22, 2025

The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a

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Categories Business

What AI bubble? Nvidia’s strong earnings signal there’s more room to grow

November 21, 2025

U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there

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