France’s Arnault family says buying Paris FC soccer club is long-term investment By Reuters

PARIS (Reuters) – The Arnault family holding will not pressure LVMH brands into forging partnerships with Paris FC once it acquires a controlling stake in the French capital’s soccer club, Antoine Arnault, son of billionaire Bernard Arnault, said on Wednesday. Instead, if brands want to do so, Antoine Arnault said he would put them in … Read more

Trump’s commerce secretary pick Howard Lutnick: a Wall Street titan who lost his brother—and nearly 70% of his employees—in the 9/11 attacks

President-elect Donald Trump has named Howard Lutnick—the CEO known for his sharp-elbowed ascent to Wall Street’s upper echelon, as well as his resilience after the 9/11 attacks devastated his company—as his pick for Secretary of Commerce. In the new role, Lutnick, who has co-chaired Trump’s transition team, will lead the incoming administration’s direction on tariffs … Read more

Trump Treasury contender Warsh no fan of DEI

Former Federal Reserve Governor Kevin Warsh sits down with Larry Kudlow to discuss soaring bond yields and Fed initiatives geared toward diversity, equity and inclusion (DEI).  One of the leading contenders to serve as President-elect Trump’s Treasury secretary said that diversity, equity and inclusion (DEI) and similar policies are a distraction for the Federal Reserve from … Read more

BHIL Stock Touches 52-Week Low at $4.38 Amid Market Challenges By Investing.com

In a turbulent market environment, BHIL stock has reached a 52-week low, trading at $4.38. This price level reflects the ongoing pressures facing the company, as investors respond to a variety of economic headwinds. Over the past year, the stock has experienced a significant downturn, with Star Peak ‘s 1-year change showing a sharp decline … Read more

UK military to scrap older helicopters and warships in £500mn saving drive

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK will retire ageing helicopters and assault ships under plans to save £500mn in the coming five years, defence secretary John Healey has said. The “outdated” equipment includes a planned refit of the frigate … Read more