John Ternus, Apple’s senior vice president of hardware engineering, takes over as CEO on Sept. 1, ending Tim Cook’s 15-year tenure at the top of the world’s most valuable consumer technology company. Apple’s presence with China is perhaps the defining relationship of the Tim Cook era. Chinese factories, managed by Global 500 companies like Foxconn…
China’s $49 billion luxury market is shifting amid a prolonged economic slump. Spending on foreign premium brands like LVMH and Gucci is stalling, while consumers turn to homegrown labels such as Laopu Gold, Songmont, and Mao Geping. Bloomberg’s Shirley Zhao reports. Source link
The thing about every ridiculous or outrageous public statement coming from US President Donald Trump and his cronies is how the world responds with a token bit of collective pearl-clutching and then moves on like nothing has happened until the next shocker. That’s why it’s important to keep reminding everyone what kind of people are…