Bernard Arnault’s fortune falls by $9 billion as LVMH shares plunge
Luxury goods conglomerate LVMH is no longer the world’s most valuable luxury brand, eclipsed by Hermès on Tuesday after it disclosed worse-than-expected Q1 results.
Lifestyle
Prada buys Versace for nearly $1.4 billion—After Trump’s tariffs almost derailed acquisition
Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
Why the odds are stacked against this sports gambling billionaire’s home exercise startup
Shalom Meckenzie made a $1.4 billion fortune after merging his software company with DraftKings. He now believes his new fitness company, Amp, could be even bigger—just don’t remind him about Peloton. Or Mirror. Or…
Things are bad at Tesla. They’re about to get much worse.
The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.
Can Netflix become the Netflix of gaming?
The streaming giant has been unable to disrupt the video game market, but armed with massive resources and time, its new push to level up could leave its competitors in the dust.
Australia’s favourite sunscreen brand is launching in the US
After conquering 29 countries around the world, SPF brand Ultra Violette is entering the US market and launching a new product exclusive to America.
Airbnb distances itself from billionaire co-founder’s DOGE work
Airbnb is facing backlash over co-founder Joe Gebbia’s decision to work with Elon Musk at DOGE.
Delta Flight Crashes In Toronto: 18 Passengers Injured, No Fatalities As Cause Of Incident Is Under Investigation
Early news reports show the plane upside down after landing at Toronto Pearson International Airport.
Airline bans portable chargers from overhead bins after fire destroyed plane
A South Korean airline no longer allows portable power banks in baggage stored in overhead bins, citing lithium-battery fire risk.
Netflix is raising its prices — Here’s what to know
The price increases come after Netflix added about 19 million new subscribers in the fourth quarter of 2024.