Business

As the global economy continues to evolve, the dynamics of wealth accumulation are shifting significantly, particularly with the increasing prominence of women among the ranks of billionaires. Recent findings from the Altrata Billionaire Census reveal that women now represent 13% of the world’s billionaires, a noteworthy increase from previous years. However, while this percentage appears
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The contemporary art world has witnessed an extraordinary convergence of traditional artistic expression, technological innovation, and digital culture, epitomized by the recent auction where crypto investor Justin Sun purchased a banana duct-taped to a wall for an astounding $6.2 million. This eyebrow-raising purchase not only underscores the changing landscape of art ownership but also raises
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With the prospect of increased tariffs under the incoming administration, retail giants like Walmart and Lowe’s are expressing concerns about possible price hikes that could affect consumers. In a recent interview, Walmart’s Chief Financial Officer, John David Rainey, discussed the implications of President-elect Donald Trump’s tariff proposals, emphasizing the retailer’s commitment to maintaining everyday low
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Spirit Airlines, once hailed as a pioneer of budget air travel, has recently filed for bankruptcy protection amid rising operational costs, unfavorable consumer trends, and a series of missteps that have tarnished its brand. The Dania Beach, Florida-based airline, known for its ultra-low fares and no-frills service, announced this decision early Monday, marking a significant
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The luxury fashion industry recently experienced a significant shake-up when Capri Holdings and Tapestry Inc. announced the termination of their planned $8.5 billion merger. This development was prompted by legal challenges from the Federal Trade Commission (FTC), which determined that the merger could potentially harm consumer interests and reduce employee benefits within the integrated companies.
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