PARIS (Reuters) – Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and an executive in charge of several brands at the luxury group, will oversee communications and image issues at the company, according to an internal memo.
The Supreme Court ruled Monday for a Colorado baker who wouldn’t make a wedding cake for a same-sex couple in a limited decision that leaves for another day the larger issue of whether a business can invoke religious objections to refuse service to gay and lesbian people. The justices’ decision turned on what the court described as anti-religious bias on the Colorado Civil Rights Commission when it ruled against baker Jack Phillips. The justices voted 7-2 that the commission violated Phillips’ rights under the First Amendment. …read more […]
Tesla raked in hundreds of thousands of pre-orders for its Model 3 after it …read more […]
(Reuters) – Societe Generale S.A. will pay over $860 million to resolve criminal charges in the U.S. and France for bribing Gaddafi-era Libyan officials and manipulating the Libor rate, the U.S. Department of Justice said on Monday.
(Reuters) – U.S. stocks climbed on Monday led by gains in technology shares and Friday’s robust jobs data, which gave investors heightened confidence that the U.S. economy remained strong.
NEW YORK/SAO PAULO (Reuters) – Walmart Inc said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April.
(Reuters) – Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and expand clout among software developers.
WASHINGTON (Reuters) – New orders for U.S.-made goods fell more than expected in April, weighed down by declines in demand for transportation equipment and machinery, but the underlying trend continued to suggest strong momentum in the manufacturing sector.
(Reuters) – U.S. stocks rose on Monday led by gains in technology shares and Friday’s robust jobs data, which gave investors heightened confidence that the U.S. economy remained strong.
Microsoft is cutting the price of the 4K-friendly Xbox One X for the first …read more […]
The U.S. Supreme Court threw out a finding that a Colorado baker illegally discriminated when he refused to make a cake to celebrate a same-sex wedding. A seven-justice majority said the Colorado Civil Rights Commission finding in the baker’s case was tainted by animus toward religion. “The commission’s hostility was inconsistent with the First Amendment’s guarantee that our laws be applied in a manner that is neutral toward religion,” Kennedy wrote. …read more […]
More than 15% of the remaining Sears full-line store base is set to close by early September. That represents a huge revenue growth opportunity for J.C. Penney. …read more […]
OTTAWA/WASHINGTON (Reuters) – Prime Minister Justin Trudeau this week plays host to a summit of the Group of Seven leading industrialized nations with six of the seven members outraged at the United States over a slew of recent moves by President Donald Trump.
Oil prices slipped on Monday as U.S. production hit a record high and OPEC members considered boosting supply. Benchmark Brent crude oil lost $1.26 a barrel, or 1.6 percent, reaching a low of $75.53 before recovering to $76.29, down 50 cents, by 1330 GMT. U.S. light crude was unchanged at 65.81 a barrel. …read more […]
(Reuters) – Wall Street’s three main indexes opened higher on Monday led by gains in Microsoft and Apple as well as Friday’s robust jobs data which continued to boost investor optimism on strength in the U.S. economy.
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