The e-commerce giant said it is cutting a small number of roles after a routine evaluation of its team structures and ability to “move fast.”

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.

The British designer is due to receive France's highest civilian decoration in a ceremony after his fall 2025 menswear show for Dior on Friday.

Montaka Global Investments, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.

At LVMH Watch Week, Daniel Roth debuted its latest timepiece, the Extra Plat Souscription. Inspired by its Tourbillon Souscription watch, Daniel Roth has reinterpreted the design in a new laidback way – but as a limited edition novelty, you might not be able to get one.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.

Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.

Among those seated prominently were the three richest men in the world: Elon Musk, Jeff Bezos, and Mark Zuckerberg, with a combined net worth of nearly $900 billion, according to Forbes.

Explore how tech billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg shaped the narrative at Donald Trump’s second inauguration.

"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.