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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

Why is Baby Formula Kept Under Lock and Key?

A recent series of memes and social network one-liners purport to expose the moral bankruptcy of capitalism by asking rhetorically, “Why is baby formula...

September 30, 2023

Economy

Inflation was Worse than We Thought

The Bureau of Economic Analysis has revised its estimates of inflation. The bad news: prices have risen faster than was previously thought. The Personal...

September 30, 2023
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