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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)...

7 days ago

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...

7 days ago

Economy

In Defense of Interchange Fees

In our hyper-political era, one bothersome aspect of daily life is the increasing political stances of corporations. It’s become nearly impossible to grab a...

August 11, 2023

Economy

Rent Control Recidivism

The California Secretary of State recently announced that another effort to expand rent control in the state has gotten enough signatures to make the...

August 11, 2023

Economy

What ESGers Don’t Understand

In her excellent AIER essay “The Charge to Change Capitalism and Why the Profit Motive Must be Preserved” Kimberlee Josephson wisely warns of the...

August 11, 2023

Economy

The Mating of Economic Ideas and Bitcoin

In an effort to better understand the intellectual foundations of what eventually came to be known as Bitcoin, we have thus far explored those...

August 11, 2023
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