Fallen US biotech star Elizabeth Holmes will stay out of prison for now after her lawyers lodged a last-minute appeal to avoid starting her 11 year sentence. . Her lawyers on Tuesday informed a US judge that they were appealing that decision, meaning she could remain out of prison for the time it took to decide that request.
New Yorkers and tourists will once stroll between the rings and diamonds of the jeweler Tiffany & Co. on Fifth Avenue, which officially reopened for business on Wednesday after extensive renovations under new owners, French luxury giant LVMH. On Wednesday, the iconic Manhattan jewelry store -- immortalized by the 1961 film "Breakfast at Tiffany's" -- was officially reopened following the remodelling, which the luxury jeweler hopes will help fuel the brand's momentum under its new ownership. . - Beyonce and Nike - Tiffany was founded in New York in 1837, and has become best known for its diamonds, silver jewelry and engagement rings sold in the brand's iconic robin's egg blue boxes.
Disney on Wednesday sued Florida Governor Ron DeSantis, alleging his administration's takeover of its theme park district in the state is part of "a targeted campaign of government retaliation" for exercising its constitutionally protected right to free speech.. "A targeted campaign of government retaliation -- orchestrated at every step by Governor DeSantis as punishment for Disney's protected speech -- now threatens Disney's business operations, jeopardizes its economic future in the region, and violates its constitutional rights," it says.
Microsoft on Wednesday faced its biggest challenge yet in its effort to buy US video game powerhouse Activision Blizzard, with the decision by the UK to block the deal.. But in January 2022, the American behemoth pitched the biggest acquisition in the history of the sector with its offer to buy Activision Blizzard for $69 billion.
Boeing reported a bigger-than-expected quarterly loss Wednesday due to persistent quality control problems with its jets, but shares rallied as it maintained key medium- and long-term targets.. Boeing's commercial plane program has been beset with various manufacturing and quality control issues that have limited deliveries for its top-selling jets, the 737 and 787.
The German government Wednesday lifted its growth forecast for this year as rebounding industrial production and slowing inflation helped Europe's top economy weather an energy crisis.. Habeck praised the "enormous savings efforts by German consumers and German industry" that helped the country to get through the winter without energy shortages.
Britain on Wednesday blocked Microsoft's $69-billion takeover of US video game giant Activision Blizzard, arguing it would harm competition in cloud gaming.. The video games market needs competition in cloud gaming to continue to thrive, the CMA argued.
The Kremlin warned on Wednesday that Russia could widen the list of foreign companies subject to temporary asset seizures in case of the "expropriation" of Russian assets abroad.. "If necessary, the list of companies could be expanded," Kremlin spokesman Dmitry Peskov told reporters, a day after President Vladimir Putin signed a decree allowing asset seizures.
An average $55 million has been siphoned off every month from South Africa's energy firm Eskom which is battling to supply power, a former CEO told lawmakers on Wednesday.. Andre de Ruyter said an estimated one billion rand ($55 million) "is stolen from Eskom" each month.
As the top global currency, the US dollar has enjoyed decades as the cash of choice for investors -- but it is now facing a growing challenge to that status.. "In many developing countries there is desire to be less dependent on the dollar, particularly on the trade side," said Paola Subacchi, professor of International Economics at the Global Policy Institute at Queen Mary University of London.
