Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
1970-01-01 08:00
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
1970-01-01 08:00
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
1970-01-01 08:00
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
1970-01-01 08:00
Travis Scott’s Rome gig condemned by archeologists
Archeologists in Rome have voiced concern about gigs being held at the historic Circus Maximus venue after Travis Scott's gig there on Monday (07.08.23) produced tremors equivalent to a 1.3 magnitude earthquake
1970-01-01 08:00
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
1970-01-01 08:00
Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO
Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world
1970-01-01 08:00
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
1970-01-01 08:00
Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy
1970-01-01 08:00
Illinois Supreme Court plans to rule on semiautomatic weapons ban
The Illinois Supreme Court plans to issue an opinion Friday on the state’s ban of the type of semiautomatic weapons used in hundreds of mass killings nationally, including the Independence Day 2022 shooting that killed seven and injured dozens in the Chicago suburb of Highland Park
1970-01-01 08:00
EPA weighs formal review of vinyl chloride, toxic chemical that burned in Ohio train derailment
The Biden administration says it could soon launch a formal evaluation of risks posed by vinyl chloride, the cancer-causing chemical that burned in a towering plume of toxic smoke following the fiery train derailment in East Palestine, Ohio
1970-01-01 08:00
FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration
FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing
1970-01-01 08:00