MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu’s youth-driven appeal. The…
Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since 2018, where his official title was senior vice president for machine learning and AI strategy. He will be replaced by Amar Subramanya, who comes to Apple…
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced Monday. The company will also pay $3.4 million in civil penalties under the agreement with the city’s Department of Consumer…
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber Monday’ shopping day. Some merchants that use Shopify’s service to sell goods online said they experienced issues with checkouts through the company’s point-of-sale system. Businesses that…
Russian President Vladimir Putin ratcheted up tensions with Europe on Tuesday, warning that if the bloc sparked a war with Russia, Moscow was prepared to meet it. Putin also blasted European leaders, accusing them of sabotaging U.S.-led efforts to end the nearly four-year-old war in Ukraine. ‘But if Europe suddenly…
House appropriators and foreign affairs leaders convened a rare joint briefing Tuesday as part of a broader congressional investigation into what lawmakers and experts describe as escalating and targeted violence against Christians in Nigeria. The session — led by House Appropriations Vice Chair and National Security Subcommittee Chairman Mario Díaz-Balart,…
House Speaker Mike Johnson, R-La., doesn’t want to get ahead of impending investigations into a deadly Sept. 2 strike on alleged drug boats in the Caribbean, but argued that there is a precedent for such strikes dating back to the Obama administration. Both congressional Republicans and Democrats have raised concerns…
President Donald Trump said Tuesday he still likes ‘Elon a lot,’ despite their high-profile split earlier this year over the One Big Beautiful Bill Act. At the end of the administration’s monthly Cabinet meeting, FOX Business’ Edward Lawrence asked Trump whether Musk was ‘back in [his] circle of friends’ after…
Senate Republicans are divided on their view of the deadly Sept. 2 strikes in the Caribbean as congressional inquiries into the matter mount, with some arguing that subduing suspected drug boats is the right move while others question the legality of the so-called double-tap attacks. The Senate and House Armed…
Secretary of War Pete Hegseth chastised the press following media reports that he signed off on a second strike against an alleged drug boat after the first one left survivors. The Trump administration has come under renewed scrutiny for its strikes in the Caribbean targeting alleged drug smugglers, after the…