Chanel profit tumbles as luxury industry downturn hits sales
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit slid…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
Trump Is Right to Lose Patience with the ‘SALT Caucus’
The state and local tax deduction is a bad policy, and the blue-state Republicans don’t have as much leverage as they think. Source link
U.S. immigration authorities appear to have begun deporting migrants to South Sudan, attorneys say
The Trump administration appears to have begun deporting people from Myanmar and Vietnam to South Sudan despite a court order restricting removals to other countries, attorneys for the…
U.S. business owners are confused about Venezuelan employees with temporary status
As a business owner in the largest Venezuelan community in the United States, Wilmer Escaray is stressed and in shock. He is unsure what steps he should take after the Supreme Court…
Oil prices little changed on geopolitical uncertainty, weak China demand signals
Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top…
Karoline Leavitt put through her paces when children take over the White House briefing room
The White House press corps looked and sounded a little younger in the press briefing room on Tuesday as journalists and staffers were allowed to show their children where they worked.…
Missing the Inside Story on Biden Was Not the Media’s Primary Sin
Ignoring the outside story was. Source link
Trump pressure fails to shore up House GOP support for his big agenda bill, negotiations drag on
President Trump's plea for House Republicans to pass his "big, beautiful bill" this week without protracted squabbling fell on deaf ears from disparate corners of the conference that still…
Reducing Pharmaceutical Prices Requires Competition, Not Price-Fixing
Cutting the red tape around biosimilars is one way that the administration can protect U.S. drug innovation and make medicine more affordable for Americans. Source link
Elon Musk will do a 'lot less' political spending in the future
Elon Musk said Tuesday that he is going to reduce his future spending on politics in the United States. Source link
The Dyspeptic Genius of <i>Dilbert</i>
Scott Adams turned the comics pages into a witty diatribe against Corporate America. Source link
Senate will try to block California vehicle standards that would phase out gas-powered cars
The U.S. Senate will move this week to block California from enforcing a series of vehicle emissions standards that are tougher than the federal government's, including first-in-the-nation…
Darren Aronofsky joins AI Hollywood push with Google deal
Director Darren Aronofsky has pushed artistic boundaries with movies including “Requiem for a Dream” and “Mother!” Now his production company is working with Google to explore the edge of…
A New Wave of Cinematic Riches Arrives at Cannes
“When will this fucking movie be over with?” It’s a question that surfaces often at the Cannes Film Festival, where hour blurs into hour, movie bleeds into movie, and, by day nine or so,…
A Damning Portrait of Joe Biden’s Loyal Inner Circle
Original Sin details the astonishing lengths to which the former president’s team went to conceal his deteriorating condition. Source link
‘Green’ Tariffs and the Persistence of ESG
The week of May 12, 2025: Sustainability & tariffs, transit, labor, the budget, and much, much more. Source link
Michael Ledeen, Family Man and Freedom Fighter
He embodied an America that would spread freedom by living up to its promise. Source link
Supreme Court Gets It Right on Venezuelans’ Protected Status Case
The decision is a victory for the rule of law — and common sense. Source link
US: Wall St opens lower ahead of Fed commentary
Wall Street’s main indexes opened lower on Tuesday (May 20) as investors awaited commentary from Federal Reserve officials through the day to assess the potential impact of US…
Dasin Retail Trust trustee-manager hits back at claims in alternate director’s exit letter
The trustee-manager of Dasin Retail Trust (DRT) rebutted criticism from its former alternate director, who claimed in a resignation letter that his input was snubbed and key financial…
Chevron seeks big oil and gas blocks in Indonesia
Chevron is seeking blocks with potential reserves of around 15 trillion cubic feet of gas [TANGERANG, Indonesia] US oil major Chevron is interested in exploring and developing oil…
CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
Property developer City Developments (CDL) posted sales revenue of S$1.9 billion for its property development segment in the Singapore market in the first quarter of 2025, driven by the…
WeRide joins Tencent Cloud to build smart driving services for overseas markets
Chinese self-driving startup WeRide said on Tuesday (May 20) that it will partner with Tencent Cloud to promote large-scale robotaxi commercial operations and build smart driving…
Putin Is Playing with Trump
The master at establishing leverage in negotiations has failed to do so over the president of Russia. Source link