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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

A Profound Misdiagnosis of American Transit

New York Times editor David Leonhardt recently claimed that Americans spend more time commuting than they did twenty, thirty, and forty years ago. Traffic...

December 19, 2023
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