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

December 4, 2025

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly…

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Investing

Shopify says a daylong Cyber Monday outage has been resolved

December 4, 2025
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the…
Stock

IREN stock price is in a bear market: is it safe to buy the dip today?

December 4, 2025
The IREN stock price has nosedived recently and formed a risky pattern that points to further downside. It dropped to $43 this…
Stock

Ofgem approves $37B grid investment, adding £108 to average UK bills by 2031

December 4, 2025
The British energy regulator has given its approval to a substantial £28 billion (approximately $37.33 billion) investment plan spanning the next five…
Politics

Schumer unveils Democrats’ Obamacare fix plan, likely dead in the water

December 4, 2025
Senate Democrats now have their plan to extend expiring Obamacare subsidies, but it’s unlikely that Senate Republicans will give it the green…
Politics

Hegseth ‘acted within authority’ by using Signal for Houthi strikes, top Armed Services Republican says

December 4, 2025
Secretary of War Pete Hegseth ‘acted within his authority’ by sharing sensitive details about Houthi strikes over Signal, Armed Services Chairman Roger…
Economy

SCHD ETF continues to disappoint: buy SPYI instead?

December 4, 2025
The blue-chip Schwab US Dividend Equity ETF (SCHD) has had a tough year as investors dumped value stocks for high-flying technology companies…
Economy

IREN stock price is in a bear market: is it safe to buy the dip today?

December 4, 2025
The IREN stock price has nosedived recently and formed a risky pattern that points to further downside. It dropped to $43 this…
Investing

Apple’s AI chief abruptly steps down

December 3, 2025
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at…
Investing

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 3, 2025
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules…
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