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Business
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Business
LVMH says Sephora sales are slowing down in the U.S. because Amazon is ‘very aggressive’ in lowering prices ‘and we try to avoid this technique’
by opiniguruby opiniguruLVMH reported its first-quarter earnings of 2025 Monday, and Sephora was a notable weak point for the luxury conglomerate’s U.S. presence—even though the fashion brand is performing well globally. While …
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In February, executives from OpenAI visited Los Angeles, hoping to strike deals with major Hollywood studios. They left empty handed. The studios declined partnerships to use Sora, the company’s AI–powered …
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Business
Does Blue Origin’s all-female spaceflight mean anything for women?
by opiniguruby opiniguruGood morning! Sarah Palin’s libel suit against the New York Times is in a retrial, Ark Invest’s Cathie Wood thinks Trump’s tariffs could lead to trade deals, and Blue Origin’s …
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Business
Trump tariffs could prove nearly as harmful to U.S. auto market as Lehman collapse and COVID outbreak, warn S&P forecasters
by opiniguruby opiniguruPresident Trump’s tariffs that took affect earlier this month are proving to be almost as disruptive to the U.S. auto industry as the global coronavirus pandemic and the Lehman Brothers …
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Business
Mark Zuckerberg suggested wiping everyone’s Facebook friends and making users start again to boost the platform’s relevance
by opiniguruby opiniguruMeta CEO Mark Zuckerberg took the witness stand on Monday amid a landmark antitrust trial against the company. Various emails from Zuckerberg’s past communication were introduced as evidence, including one from …
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Business
Melinda French Gates explains why her new book focuses on big transitions, and why Warren Buffett was one of the first to learn about her divorce
by opiniguruby opiniguruMelinda French Gates says she never expected to write a book about transitions. But over the last few years, she’s gone through a divorce (from her ex-husband, Microsoft cofounder Bill …
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Business
CEO of helicopter sightseeing company whose New York chopper crash killed 6 fired director who agreed to ground flights
by opiniguruby opiniguruFederal aviation regulators issued an emergency order Monday grounding the helicopter tour company involved in a deadly New York crash after learning it had fired its operations director minutes after …
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Business
Employers are underestimating how burned out their workers are and it could be an expensive mistake
by opiniguruby opiniguruIt’s time for employers to wake up and smell the burnout. Responsibilities both in and out of the office are piling up for today’s workers, especially for the “sandwich generation,” …
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Business
Europe’s billionaires—who pay their family office CEOs $370,000 a year—are worried they can’t find the talent to manage their fortunes
by opiniguruby opiniguruEurope’s ultra-high-net-worth families are moving fast to get their affairs in order ahead of the Great Wealth Transfer, but the biggest challenge to handing over their fortunes is an apparent …