Finance

Louis Vuitton Owner sues Tiffany over fumbling the pandemic response & deal

Louis Vuitton owner LVMH stated Thursday it means to submit a suit in Delaware against Tiffany, arguing the upscale diamond merchant has actually mishandled the current pandemic. The news comes a day after LVMH announced it would be ditching its...

Tiffany files Lawsuit against Louis Vuitton for backing out of deal

Tiffany & Co took legal action against LVMH on Wednesday after the French high-end goods giant informed the U.S. jewelry expert it could not complete a $16 billion deal to obtain it because of a French government demand and...

Louis Vuitton Parent Company deal to purchase Tiffany runs into trouble

Louis Vuitton owner LVMH is ditching its $16.2 billion acquisition of Tiffany, a deal that would have been the biggest-ever in the high end industry. The luxury-goods giant said Wednesday that the merger agreement checked in November 2019 offers a...

Home Depot will have Black Friday sales for 2 month period this holiday season

Home Depot on Wednesday announced its 2020 holiday shopping season will be alot different this year. The home improvement seller said in a post on its site that Black Friday specials will stretch on for almost 2 months, rather than...

Samsung wins $6.6 billion Verizon order for network devices

Samsung's worldwide prospects for its network business have improved following U.S. sanctions on its bigger competing Huawei, experts stated. Verizon CEO Hans Vestberg told CNBC in July in 2019 that Verizon does not use any Huawei equipment. Verizon had currently...

Chuck E. Cheese Reopens 316 locations, Secures Financial Plan for Debtor

CEC Entertainment, Inc. , a nationally recognized leader in family entertainment and dining, today revealed that it has actually participated in a plan support agreement (" PSA") with consenting lenders holding greater than 66-2/3% in primary amount of impressive...

Overburden Neiman Marcus expects to come out of Bankruptcy before October

Neiman Marcus Group stated on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is most likely to eliminate more than $4 billion of its financial obligation. The high-end...

Just Eat Takeaway receives regulatory approvals for Grubhub acquisition

Just Eat Takeaway.com and Grubhub announced that the Committee on Foreign Investment in the United States ("CFIUS") has finished its review of the Transaction under Section 721 of the Defense Production Act of 1950 and has determined that there...

Virgin Atlantic Airlines feeling the pressure, slashes 1000 jobs as demand evaporates

Virgin Atlantic is preparing to cut more than 1,000 jobs after seeing a slower-than-expected healing in international demand for flight, Sky News reported on Thursday. The report comes as the company's $1.59 billion rescue offer is set for completion today...

Republicans pessimistic about 2nd Stimulus & Unemployment Relief

Senate Leader Mitch McConnell might not state for certain if the White House and Congress would have the ability to come together and pass another relief package. Speaking with press reporters at an event at Logan Memorial Hospital in Russellville,...
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Shooter’s GF Aolani Pettit arrested in the Cannon Hinnant case

A second individual has been detained and charged in the fatal shootng of a Wilson 5-year-old back in August. Wilson...
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Kim Kardashian Praises JoJo Siwa For Being TIME’s 100 Most Influential People of 2020

JoJo Siwa secured a spot-on TIME's list of 100 Most Influential People of 2020. Kim Kardashian congratulated the Dance Moms Alum. The SKIMS CEO paid...

Dakota Johnson Asks For Better Treatment of Hollywood Assistants

The Fifty Shades of Grey Actress calls Rude Behaviour towards Assistants ‘Boring and Sad’ Dakota Johnson called for better treatment of Hollywood assistants. While talking...

Snipes Teams up with Puma to encourage voting in the 2020 Election

Today, on National Voter Registration Day, SNIPES USA and PUMA are debuting technologies in all 95 Snipes retail locations to make voter registration easy...

Here is Kyle Rittenhouse Lawyer’s video proof his client acted in self defense

A lawyer for thought militia member Kyle Rittenhouse-- who is accused of fatally shooting 2 protesters and wounding a third at a Black Lives...