LVMH snags discount on Tiffany acquisition after legal spat

Hong Kong (CNN Business)Tiffany (TIF) has agreed to accept a lower price in its sale to LVMH (LVMHF), ending a dramatic spat that threatened to derail the $16 billion takeover. The two companies said in a joint statement on Thursday…

Oregon health official dresses as clown to announce COVID-19 death toll

Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com. This is no laughing matter. A senior Oregon health official is going viral for dressing up as a clown to announce the latest coronavirus death toll. Claire…

Samsung reports bumper profits but warns of slump ahead

Hong Kong (CNN Business)Samsung reported bumper profits on Thursday, but warned that things won’t be so rosy in the coming months as smartphone competition ramps up and demand for memory chips slows. The South Korean conglomerate reported operating profit rose…

Samsung reports bumper profits but warns of slump ahead

Hong Kong (CNN Business)Samsung reported bumper profits on Thursday, but warned that things won’t be so rosy in the coming months as smartphone competition ramps up and demand for memory chips slows. The South Korean conglomerate reported operating profit rose…

Analysis: Two words describe the Senate’s latest Big Tech hearing: Worthless and petty

(CNN Business)In 1994, Congress dragged the CEOs of the nation’s largest tobacco companies to Capitol Hill, where they testified — under oath — that cigarettes are not addictive, contrary to evidence otherwise. It was a watershed moment for the tobacco…

Analysis: Two words describe the Senate’s latest Big Tech hearing: Worthless and petty

(CNN Business)In 1994, Congress dragged the CEOs of the nation’s largest tobacco companies to Capitol Hill, where they testified — under oath — that cigarettes are not addictive, contrary to evidence otherwise. It was a watershed moment for the tobacco…

Saudi activist has begun another hunger strike to demand more contact with family, sister says

The family of a jailed Saudi women’s rights activist say she’s been forced to go on a second hunger strike to fight for more contact with her family. Loujain Alhathloul, 31, was arrested on May 15, 2018 in a crackdown on…

Ford returns to profitability as it blows past estimates

New York (CNN Business)Ford returned to profitability in a big way Wednesday, as strong demand for its trucks led to a much larger profit than Wall Street was forecasting. The company earned $2.6 billion excluding special items, nearly double the…

Polls say Trump is in danger. These shifting voters are the reason why

These are some of the most powerful voters in the world. If the polls are to be believed, and we’ll soon discover if they are, they’re the people who would end Donald Trump’s presidency. Meet America’s shifting voters. They are…

Elizabeth Warren: ‘Disney won’t answer my questions’ on layoffs and executive pay

New York (CNN Business)Senator Elizabeth Warren slammed Disney earlier this month over layoffs and other decisions that she says prioritized shareholders over employees. Now Disney has responded — and Warren is not satisfied with the company’s reply. Last month Disney…