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Meta plans to build $10B globe-spanning undersea internet cable: report
Social media giant Meta plans to lay down its own private undersea fiber optic internet cable that will…
TJ Maxx CEO says company could benefit from Trump’s proposed tariffs
Retailers and industry trade groups are sounding the alarm about how President-elect Trump’s proposed tariffs could lead to higher…
How FoundRae bucked the obvious trends — and became a quiet luxury obsession
The boutique high-end jewelry line FoundRae has quickly become an obsession for the upscale “quiet luxury” set —…
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank by more…
Sam’s Club joins Thanksgiving meal deal wars with feast for less than $100
Sam’s Club entered the Thanksgiving meal deal wars — offering inflation-weary customers a feast that includes turkey and…
Hedge fund big and Kamala Harris fund-raiser Marc Lasry accused of sexual harassment by former executive he claims is trying to extort him for $50M
Hedge fund honcho Marc Lasry was accused of sexual harassment in a lawsuit by a former executive at…
Morgan Stanley CEO Ted Pick gets added title of chairman
Morgan Stanley said Thursday CEO Ted Pick would be its next chair succeeding James Gorman, who has been tapped to head the…
Coach parent blocked from merging with owner of Michael Kors
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for…
Playboy rejects $100M bid from Hugh Hefner’s son
The group that owns the fading Playboy brand on Thursday rejected a $100 million buyout offer from Cooper…
Neiman Marcus has quietly banned ‘Christmas’ from its annual gift catalog
Neiman Marcus has quietly removed the word “Christmas” from its iconic, 98-year-old annual gift catalog – and some…