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FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.
Golden Visa Programs, Once a Boon, Lose Their Luster
Spain is the latest European country to end its program, which brought in billions of euros from real estate investors seeking residency status but worsened a housing crisis for locals.
TikTok Faces E.U. Inquiry Over ‘Addictive’ Features
European officials threatened to fine TikTok and force it to remove some features, the latest regulatory challenge for the Chinese-owned social media app.
Nina Jankowicz Forms New Group to Defend Disinformation Research
The group intends to fight what its leader, Nina Jankowicz, and others have described as a coordinated campaign by conservatives and their allies to undermine researchers who study disinformation.
Phyllis Pressman, Luxury Superstore Matriarch, Is Dead at 95
She started working at Barneys to be closer to her husband. Then, she became the architect of the Chelsea Passage, the home goods bazaar that helped make it an enticing destination.