Category: Business

The Milan fashion house Dolce&Gabbana has filed a multimillion-dollar defamation suit in an Italian court against U.S. fashion bloggers who reposted anti-Asian comments attributed to one of the designers that led to a boycott by Asian consumers. The suit was filed in Milan civil court in 2019, but only became public this week when the […]

Dutch cress grower Rob Baan has enlisted high-tech helpers to tackle a pest in his greenhouses: palm-sized drones seek and destroy moths that produce caterpillars that can chew up his crops. “I have unique products where you don’t get certification to spray chemicals and I don’t want it,” Baan said in an interview in a […]

The SolarWinds hacking campaign blamed on Russian spies and the “grave threat” it poses to U.S. national security are widely known. A very different — and no less alarming — coordinated series of intrusions also detected in December has gotten considerably less public attention. Nimble, highly skilled criminal hackers believed to operate out of Eastern […]

A blistering rally in the shares of regional banks may be tested when a spate of lenders report results in the coming week. Regional banks in the S&P 500 have surged 11% since the beginning of the year, beating out the gains in larger, more diversified banks by about a percentage point over the same […]

Pension fund managers and religious investors on Friday asked top social media companies to step up their content control efforts to reduce the threat of violence ahead of the inauguration of U.S. President-elect Joe Biden next week. The effort is the latest pressure on Facebook Inc, Twitter Inc and Alphabet Inc over extreme rhetoric after […]

BlackRock has sold almost all its stake in China Telecom, a company subject to a new ban on U.S. investment, a stock market filing on Friday showed. The move comes as U.S. investors scramble to exit stocks subject to the sanctions, which ban Americans from owning companies deemed to have links with China’s military. The […]

A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker’s emissions scandal. The court said it had decided to discontinue the proceedings as the expected sentence in another case, in which Winterkorn faces charges for his […]