LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like ...
Fed Meeting Today: Interest Rates Seen on Hold; Futures Tick Higher
Will the Fed keep interest rates steady, or is an adjustment incoming? The central bank announces its decision at 2 p.m. ET. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and ...
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being ...
Hosted on MSN8h
Stocks Set to Open Higher With All Eyes on Fed Rate Decision and Big Tech Earnings
S&P 500 E-Mini futures (ESH25) are up +0.10%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.35% this morning as market ...
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
Nvidia: The fight back begins, as earnings loom and LVMH slips
US stocks staged a recovery rally on Tuesday, hot on the heels of Monday’s sell off. Nvidia jumped by 8%, after dropping nearly 17% on Monday. This suggests that the bargain hunters are in town, ...
LVMH Considers Widening US Footprint as CEO Arnault Expresses France Fatigue
PARIS (Reuters) - Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO ...