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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 billion)...

December 3, 2025

Stock

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 since...

December 3, 2025

Economy

Are CEOs overpaid?

CEO compensation has become increasingly controversial, including cases where executives have received particularly high amounts of performance compensation, exotic or unusual features such as...

January 9, 2024

Economy

The Cheap Populism of Bashing CEO Pay

Every year for more than a decade, various think tanks in Canada, the United States, and the United Kingdom produce a “bombshell” study where...

January 9, 2024
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