Fashion and beauty
Coty Extends Marc Jacobs Beauty License for 40 Years
The long-term agreement follows Marc Jacobs’ transfer to WHP Global and G-III Apparel Group and covers the brand’s beauty business, including fragrances and makeup.
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Big Tech and the digital economy
T-Mobile cut a router cable to disrupt the Salt Typhoon cyberattack
During the 2024 espionage campaign, T-Mobile technicians traced suspicious network traffic to a compromised router at another telecom company and physically disconnected it.
Politics and regulation
Democrats score major congressional gains in midterm elections
Democrats made sweeping gains in the House and Senate, with key victories in states including Texas, Kansas, the Carolinas and Iowa. The results shift control of Congress and give the party greater power to scrutinize and constrain the Trump administration’s agenda.
Startups and venture capital
Democrats Take Control of Both Houses of Congress in Midterm Elections
US media projections indicate that Democrats have won majorities in the House and Senate, dealing President Donald Trump a setback for the second half of his term.