Louis Vuitton Awarded $584 Million in US Counterfeit Case
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Louis Vuitton Awarded $584 Million in US Counterfeit Case

A US federal judge has ordered the owners of a Georgia shopping centre to pay Louis Vuitton $584 million in damages, one of the largest-ever penalties tied to the sale of counterfeit goods. Louis Vuitton sued Westgate shopping mall owner Basirou Kebbay and chief executive Aaron Kebe in April 2023, alleging that the retail facility...

IKEA buys $213 million Manhattan building for new store in US push
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IKEA buys $213 million Manhattan building for new store in US push

By Reuters Published October 1, 2025 Ingka Group, the biggest global IKEA retailer, has acquired a Manhattan property where it plans to open a new store as part of the furniture group’s expansion in the United States, it said on Wednesday. Reuters The 53,000 square feet property in New York City’s SoHo district will house...

Luke Hughes signs 7-year, $63 million contract with Devils
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Luke Hughes signs 7-year, $63 million contract with Devils

The New Jersey Devils have agreed to terms with young defenseman Luke Hughes on a seven-year contract worth $63 million. General manager Tom Fitzgerald announced the deal Wednesday. Hughes will count $9 million against the salary cap through the 2031-32 NHL season — $1 million more annually than brother and No. 1 center Jack. Luke...

President Donald Trump sits at his desk and talks while pointing a finger.
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Trump obtains another settlement as YouTube agrees to pay $24.5 million

Google owner Alphabet today agreed to pay $24.5 million to settle a lawsuit that President Trump filed against YouTube in 2021. Trump sued YouTube over his account being suspended after Trump supporters’ January 6 attack on the US Capitol. Alphabet agreed to pay $22 million “to settle and resolve with Plaintiff Donald J. Trump… which...

YouTube caves to Trump with $24.5 million settlement
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YouTube caves to Trump with $24.5 million settlement

YouTube has settled a lawsuit President Donald Trump filed against the company in 2021, according to The Wall Street Journal. Trump filed sweeping lawsuits against Google-owned YouTube, Meta (then Facebook) and X (then Twitter) after he was suspended from the platforms, and now all three companies have settled with the president. YouTube will pay $24.5...

ESA will pay an Italian company nearly $50 million to design a mini-Starship
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ESA will pay an Italian company nearly $50 million to design a mini-Starship

The European Space Agency signed a contract Monday with Avio, the Italian company behind the small Vega rocket, to begin designing a reusable upper stage capable of flying into orbit, returning to Earth, and launching again. This is a feat more difficult than recovering and reusing a rocket’s booster stage, something European industry has also...

Cisco Systems headquarters in San Jose, California, US, on Monday, Aug. 14, 2023.
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As many as 2 million Cisco devices affected by actively exploited 0-day

As many as 2 million Cisco devices are susceptible to an actively exploited zero-day that can remotely crash or execute code on vulnerable systems. Cisco said Wednesday that the vulnerability, tracked as CVE-2025-20352, was present in all supported versions of Cisco IOS and Cisco IOS XE, the operating system that powers a wide variety of...

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The road to Juan Soto’s historic $765 million Mets deal

NEW YORK — The news spread like a flash of lightning on the night of Dec. 8. The New York Mets and free agent outfielder Juan Soto had reached an agreement on a jaw-dropping 15-year, $765 million contract that would be the largest in professional sports history once signed. That’s larger than any deal global...