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    Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

    by admin January 17, 2026
    January 17, 2026

    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)…

  • Economy

    Trump Media to merge with nuclear fusion company

    by admin January 17, 2026
    January 17, 2026

    Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more…

  • Economy

    Shopify says a daylong Cyber Monday outage has been resolved

    by admin January 17, 2026
    January 17, 2026

    Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber…

  • Economy

    Saks files for bankruptcy as luxury market struggles

    by admin January 17, 2026
    January 17, 2026

    The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with…

  • Economy

    Warner Bros. Discovery rejects Paramount’s amended takeover offer

    by admin January 17, 2026
    January 17, 2026

    Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the…

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