Louis Vuitton's Owner Shows Wear And Tear
LVMH’s first-half profit plunge is a reminder that an industry that relies on international travel and the feel-good factor won’t get off lightly.
LVMH’s first-half profit plunge is a reminder that an industry that relies on international travel and the feel-good factor won’t get off lightly.
The leadership change at Match Group’s flagship dating app comes as the coronavirus pandemic is redefining the online dating industry.
A surge in new infections threatens Spain’s vital tourism sector, underscoring the fragility of hard-fought gains in curbing virus in a country that was among the hardest hit in the West earlier this year.
Robert Flaxman is selling two Beverly Hills properties, which if combined and developed could rake in as much as $100 million.
French luxury conglomerate LVMH said net profit plunged in the first half, as the company struggled to cut costs in the face of sweeping boutique closures during the coronavirus pandemic.
The American flag was lowered in Chengdu after China shut the U.S. consulate in retaliation for Washington’s closing of Beijing’s consulate in Houston.
Investors gave Albertsons the cold shoulder in its market debut, and positive results last quarter did little to change their perception.
The navigation-systems company said no customer data was compromised in the attack over several days and that its systems were being restored.
Defunct payments processor Wirecard miscoded gambling transactions and had high levels of stolen card purchases and reversed transactions, leading to big fines from card networks, according to people familiar with the matter.
Israel’s military said Monday its forces and Hezbollah exchanged fire on Israel’s border with Lebanon, ratcheting up tensions as Israel presses a campaign to rout the influence of Iran and its proxies on its frontiers.
Supermarket chains aim to price the staple as low as possible to draw in shoppers, squeezing old-line companies with premium brands. Farmers are part of the collateral damage.
Sen. Susan Collins (R., Maine) said Monday she would join Sen. Mitt Romney (R., Utah) in opposing the nomination of economist Judy Shelton to the Federal Reserve’s board of governors.
Toys from Barbie dolls to board games are flying off the shelves, literally and virtually, as parents look for ways to entertain their children during the coronavirus pandemic. But retailers haven’t rushed to restock their inventory.
Senate Republicans are preparing to put out a roughly $1 trillion coronavirus relief bill proposal later Monday, launching a mad dash to reach a bipartisan agreement on the legislation before a federal unemployment insurance supplement ends this week.
A cease-fire between Ukrainian government forces and Russian-backed separatists took effect on Monday, offering the prospect of an end to the slow-burning conflict.
A film explores the monstrous Soviet horror and the cover-up by a Pulitzer winner.
New orders for durable goods rose 7.3% in June as the U.S. economy continued its climb back from disruptions related to the coronavirus pandemic, though a summer surge in virus infections could damp future gains.
Doctors believe many people are fighting Covid symptoms long-term, but testing inconsistencies complicate the picture.
With everyone’s liberty threatened by cancel culture, it’s time to restore freedom to academia.
The candidate struggles to field softballs from friendly media. What if he were asked real questions?
Earlier this month during so-called “Digital Fashion Week” the fashion industry tried to get back to normal—but normal is still a ways off.
The chip maker’s latest stumble opens the door to more outsourcing, but advantages of being a manufacturer remain.
The number of civilian casualties from fighting in Afghanistan fell in the first half of the year after a pact between the U.S. and the Taliban meant to end America’s longest war, as the United Nations pressed Kabul and the militants for peace talks.
Supermarket chain Albertsons, which owns the Safeway and Jewel-Osco stores, said sales rose in its first quarter as consumers bought more groceries and ate more at home during the coronavirus pandemic.
The tech giant will keep its employees home until at least next July, making the search-engine giant the first major U.S. corporation to formalize such an extended timetable.
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