VF Corporation Announces to Sell Supreme to Ray-Ban Maker Essilor Luxottica For $1.5 billion

The French-Italian eyeglasses manufacturer Essilor Luxottica will purchase the American worldwide clothing and footwear brand — which presently owns 13 prominent brands, including Vans, Timberland, and the North Face — for $1.5 billion in cash, as per a statement released by VF Corporation on Wednesday.  According to VF CEO Bracken Darrell, the company’s strategic portfolio…

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Netflix Announces Discontinuation of Lowest-Priced Ad-Free Plan in U.S. and France

Netflix, the streaming giant headquartered in Los Gatos, California, announced plans to discontinue its lowest-priced ad-free subscription option in the U.S. and France. This decision, detailed in a shareholder letter on Thursday, marks a strategic move to potentially bolster subscriptions to its cheaper ad-supported plan. The phased-out basic ad-free plan, previously priced at $11.99 per…

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Justice Department Files Lawsuit Against Southwest Key Programs Inc. Over Allegations of Sexual Abuse in Shelters

The U.S. Justice Department has taken legal action against Southwest Key Programs Inc., a prominent Texas-based nonprofit specializing in providing shelter to unaccompanied children encountered at the U.S. southern border. The lawsuit, filed in the U.S. District Court for the Western District of Texas, alleges severe and pervasive sexual abuse and harassment of children under…

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The Legendary Actor, Arnold Schwarzenegger’s Net Worth Rises To $1 billion

Interest in the 76-year-old actor of “The Terminator,” Arnold Schwarzenegger’s 2024 net worth of $1 billion as estimated by Forbes has increased, highlighting the actor’s continued success in the fitness and film sectors. Naturally, followers are interested in learning how this well-known individual has accrued significant fortune and what variety of sources have contributed to…

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Sean Kingston and Janice Turner Indicted on Federal Fraud Charges in Florida

In a stunning development, renowned rapper and singer Sean Kingston, along with his mother Janice Turner, have been indicted on federal charges in South Florida. The charges allege that they orchestrated a sophisticated fraud scheme amounting to over $1 million. The legal saga unfolded as Kingston, 34, and Turner, 61, made their initial appearances in…

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Democrats Explore Biden Replacement Amid Growing Concerns: Mark Kelly Emerges as Front-Runner

Amid the flurry of activities at the Republican National Convention, significant developments within the Democratic Party have stirred speculation about President Joe Biden’s future as the party’s nominee. Reports have surfaced that several prominent Democrats are quietly discussing a potential pathway for Biden to step aside, paving the way for a new contender. A recent…

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Trump Rewrites RNC Speech: A Call for Unity

In an unprecedented turn of events, former President Donald Trump has completely rewritten his convention speech following an assassination attempt against him. The incident occurred during a campaign rally in Pennsylvania, where a gunman fired a bullet that narrowly missed him. Trump, who survived the attack, shared his insights in interviews with the New York…

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Fatal Collision in Sunnyslope, Phoenix: Investigating the Tragic Incident

Introduction In the early hours of July 17, 2024, a fatal collision occurred in the Sunnyslope area of Phoenix, Arizona. Two vehicles were involved, resulting in the loss of life for one individual. Detectives are actively investigating the circumstances surrounding this tragic incident. The Incident The collision took place near the intersection of 12th Street…

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