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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

Oh, SNAP

The United States Department of Agriculture (USDA) has proposed an experiment in which it will provide additional benefits to Supplemental Nutrition Assistance Program (SNAP)...

October 11, 2023

Economy

Catch-up Inflation

In recent days, we’ve seen that real median household income in the United States fell for the third year in a row, and that...

October 11, 2023
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