Hermès, maker of Birkin and Kelly bags, sees 21% sales growth in 2023
It’s been tricky to get a read on how luxury spenders have been thinking lately—sales slowed for the likes of French behemoth LVMH mid-last year,
Remote work jobs are disappearing before our eyes
With all that out of mind, it may come as no surprise to learn that the staunch pro-office bosses are winning, and remote jobs are
Black CEO representation on the Fortune 500 is 1.6% this year. Here’s what could turn it around
The Fortune 500 is making progress when it comes to Black leadership. That’s the good news. The bad news is only eight Fortune 500 companies
Messi no-show in HK to cost match organizers $7.2M in refunds
The organizer of Inter Miami’s game in Hong Kong where fans booed Lionel Messi for not taking part said it will issue a 50% refund
21 million Indonesians will go online by 2027, lowering digital divide: Indosat CEO
Imagine trying to expand a mobile phone network across 17,000 islands that spans an area 5,100 km wide. That’s the hurdle Indonesia and its telecoms
AI-related layoffs number at least 4,600 since May: outplacement firm
United Parcel Service Inc.’s largest layoffs in its 116-year history were made possible, in part, by new technologies including artificial intelligence, CEO Carol Tomé said last week. Citing
Evergrande liquidation: Western hedge funds shocked by liquidation
From afar, China Evergrande Group had all the makings of a killer distressed-debt trade: $19 billion in defaulted offshore bonds; $242 billion in assets; and a government that appeared
NFL succession: Billionaire families’ tax concerns bring private equity plan
When she was nine years old, Virginia McCaskey attended the first NFL playoff game, at Chicago Stadium in December 1932. The Chicago Bears, coached by her
West Virginia Gov. Jim Justice fights bank seeking to auction off his resort property
Attorneys for the family of West Virginia Gov. Jim Justice are seeking to block a Virginia bank from plans to auction off land at the governor’s posh
Google introduces free AI app Gemini in place of Bard chatbot
Google on Thursday introduced a free artificial intelligence app that will enable people to rely on technology instead of their own brains to write, interpret