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Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…

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Investing

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…

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Investing

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

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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Investing

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’…

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Investing

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…

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Investing

Shopify says a daylong Cyber Monday outage has been resolved

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

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Latest News

Patel, Bongino defend tenures, saying FBI ‘operating exactly as the country expects’

FBI Director Kash Patel and Deputy Director Dan Bongino pushed back against a blistering report from an alliance of active-duty and retired…

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Latest News

Comer accuses Oversight Dems of ‘cherry-picking’ Epstein Island files: ‘Chasing headlines’

House Oversight Committee Chairman James Comer, R-Ky., is accusing Democrats on his panel of selectively releasing information related to Jeffrey Epstein. It…

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Latest News

Trump backs release of second Caribbean strike footage as scrutiny over ops intensifies

President Donald Trump is on board with releasing the video footage of the second strike targeting an alleged drug boat on Sept….

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Latest News

US Institute of Peace officially renamed for Trump as White House moves to dismantle agency: ‘Congratulations’

The U.S. Institute of Peace has been formally rebranded as the Donald J. Trump Institute of Peace, marking the latest step in…

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