Hermès reports Q1 growth, plans U.S. price hike in May

Translated by Nazia BIBI KEENOO Published April 17, 2025 Hermès is continuing its momentum into 2025, despite a complex economic backdrop. In the first quarter, the French luxury house reported revenue of €4.1 billion, marking a 9% increase, or 7% at constant exchange rates, compared to the same period last year. Growth was seen across…

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U.S. Argues Meta Built a Social Media Monopoly

The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off a landmark antitrust trial that could dismantle a social media empire that has transformed how the world connects online. In a packed courtroom in the U.S. District Court of the…

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U.S. Prepares to Challenge Meta’s Social Media Dominance

Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media. On Monday, Judge James Boasberg of the U.S. District Court…

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ATP roundup: U.S. players sweep QF berths in Houston

Tallon Griekspoor follows through on a serve to Holger Rune in their quarterfinal match on Stadium 2 at the BNP Paribas Open in Indian Wells, Calif., on Thurs., March 13, 2025. Fifth-seeded Alex Michelsen rallied for a second-round win Thursday at the U.S. Men’s Clay Court Championship in Houston, giving U.S. players all eight quarterfinal…

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Traveling to the U.S. Under Trump: Visas, Border Control and What to Know

At airports and land borders across the country, tourists and other visitors coming to the United States have reported being caught up in the Trump administration’s campaign of “enhanced vetting.” Even legal immigrants, like green card holders, and naturalized citizens have been pulled aside for additional questioning and searches. This has prompted questions about best…

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5 U.S. Voters Weigh In on the Signal Leak

The White House has spent the week trying to downplay the revelation that top national security officials discussed plans for U.S. strikes in Yemen on Houthi militants over Signal, a commercial messaging app. In a stunning breach of national security, the Defense Secretary, Pete Hegseth, disclosed specific operational details before the attacks in the group…

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