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Prada to buy Versace in a deal valued at $1.4 billion

The Prada Group announced a deal Thursday to buy Italy’s Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion). Prada said the addition of Versace’s “highly recognizable aesthetic…

Trump Team Divided Over Future of U.S. Embassy in Somalia

Recent battlefield gains by an Islamist insurgency in Somalia have prompted some State Department officials to propose closing the U.S. embassy in Mogadishu and withdrawing most American personnel as a security precaution, according to officials familiar with internal deliberations. But…

Dual national freed in U.S.-Russia prisoner swap : NPR

Ksenia Karelina, also known as Khavana sits in a glass cage in a court room in Yekaterinburg, Russia, Thursday, June 20, 2024. AP/AP hide caption toggle caption AP/AP MOSCOW, Russia — The U.S. and Russia announced they have carried out…