Business Day

Highlights

  1. Unbuttoned

    Photo
    CreditAlessandro Grassani for The New York Times

    The Continental Shock of the Kors-Versace Deal

    For years luxury industry wisdom had it that American brands didn’t understand European luxury. Can a surprise acquisition prove them wrong?

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    CreditManuel Balce Ceneta/Associated Press

    Trump Trade Negotiator Warns That Canada Is Running Out of Time

    Robert Lighthizer, the United States trade representative, said the administration will move forward with a bilateral trade pact with Mexico if an agreement cannot be reached with Canada.

  3. Photo
    CreditPatrick T. Fallon/Bloomberg

    Hold the Donuts, Says Newly Named Dunkin’

    The treats remain but they are not a part of the company’s new “brand identity.” The shift is a nod to the chain’s beverage sales, which make up 60 percent of its business.

  1. Square Feet

    Photo
    CreditTaylor Weidman/Bloomberg

    Capital of Laos Seeks Stronger Ties to China

    Hoping that China’s Belt and Road Initiative will improve connectivity with its neighbor, Laos is preparing for a new wave of Chinese investment in its property sector.

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    CreditLam Yik Fei for The New York Times

    How Instagram Rose Into a Cultural Powerhouse

    Instagram’s co-founders, who resigned on Monday, presided over a company that boomed with help from technological advances and societal changes.

  3. S&P; 500 Dips as Chip Stocks and Utilities Tumble

    The S&P 500 fell on Tuesday as chipmakers were dented by ratings downgrades and utilities declined ahead of an expected Federal Reserve interest rate hike, offsetting a boost from the energy sector.