LVMH, the parent of Sephora, Louis Vuitton, Christian Dior, Kenzo, TAG Heuer, Fenty Beauty and 60-plus other brands, has launched a new venture focused on media partnerships.
Why it matters: The luxury conglomerate wants more help from Hollywood types to bolster its brands.
Byju's last year was India's most valuable startup,worth $22 billion. And the ed-tech company was prized beyond its price, offering remote tutoring in a country where over half the population lives in rural areas.
Fast forward: Byju's is now the dumpster fire that other dumpster fires look at with pity.
Warren Buffett's most recent shareholder letter is interesting mostly for what he says about investing in foreign companies — something he's doing some of, but still in tiny quantities given the size of his balance sheet.
Why it matters: Most U.S. investors are massively underweight foreign stocks, given their capitalization. Buffett is no exception.
AT&T customers affected by Thursday's outage will get an automatic $5 “make it right” credit, the average cost of a day’s service, the company announced late Saturday.
Why it matters: The outage of the nation’s largest wireless carrier left thousands unable to place calls, send texts or use the internet on their mobile phones for hours.
The Honeycrisp's days of sticker-shocking apple eaters may be over.
Why it matters: Minnesotans love Honeycrisps, not just because they were created here and revived local orchards, but because of their texture and taste.
