The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. Photo by Julia Demaree Nikhinson – Pool/Getty Images.
Shares of Louis Vuitton Moet Hennesy ( LVMUY -1.54%) were moving higher today in symphony with a strong earnings report from luxury peer Richemont ( CFRUY 0.34%), the owner of Cartier. The results seemed to indicate a long-awaited recovery in the luxury sector, and sector stocks broadly gained on the news.
The CEO of Tesla & SpaceX, he holds degrees in physics and economics. He briefly attended the University of Pretoria, before transferring to Queen’s University (Canada), and later to the University of Pennsylvania.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
France's largest conglomerate LVMH is turning its eyes the the United States in order to avoid higher taxation in Europe. Billionaire CEO Bernard Arnault is also hoping to leverage his friendship with President Donald Trump in order to garner favorable treatment.
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.
US Dollar South African Rand, Microsoft Corporation, LVMH Moet Hennessy Louis Vuitton SE, Apple Inc. Read Vestact 's latest article on Investing.com South Africa.
President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor Elon Musk on ways to deliver delayed, overbudget Air Force One replacements sooner, CEO Kelly Ortberg said Tuesday.
From how a small Chinese app sent tech stocks into a spin, to why Donald Trump said DeepSeek should motivate U.S. firms, we round up the big stories from the AI revolution. Trevor Koroll reports.
Keep on top of the latest and biggest stories with this quick update on what you need to know about today.
US stock futures and European equities advanced, following Wall Street’s rebound from a global market selloff as focus turns to the Federal Reserve’s interest-rate decision and US tech earnings.