Mary Whitfill Roeloffs, Forbes Staff

Vietnamese EV maker VinFast’s market value has quadrupled in the weeks since its IPO.

A fall in demand for French wines, a more competitive market and lingering pandemic problems have hit winemakers in the regions of Bordeaux and Languedoc so hard that the French government will soon pay them US$215 million (AUD$334m) to sell off their surplus—and has set aside other money to help grape-growers shrink their vineyards. Key […]

Apple, Delta Airlines, Facebook and Juul are among the companies with pending class action lawsuits.

The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the US$8.5 billion purchase of Michael Kors-founded Capri Holdings Limited, merging two American fashion groups amid news that U.S. luxury spending has slowed in favour of growth in Europe and Asia. Key Takeaways Key Background Coach and Michael […]

The saga of two tech giants rumored to be planning a cage-fighting match continued Sunday.

Gwyneth Paltrow this week announced she’ll open her (guest) home to visitors who wish to stay in the one-bedroom house in Montecito nestled behind her mansion—complete with the offer of a “fantastic, cozy dinner” and a bathroom stocked with products from her lifestyle brand Goop—adding to a roster of famous real estate offerings that come […]

Fans of Barbie aren’t just turning to the silver screen for their daily dose of Barbieland—they’re also streaming the movie’s original tracks to the tune of hundreds of millions of plays since Barbie The Album first hit streaming services last week, becoming the latest popular songs from movies to reach the Billboard Hot 100 chart. […]

An investigation released Thursday says Tesla exaggerated the range of its vehicles and worked to suppress driver’s worries about their car’s battery life.

Amazon is continuing its expansion into the health space with the launch of a new generative AI tool called HealthScribe, meant to take over some time-consuming administrative tasks of doctor’s offices and clinics, the company said.

Gucci CEO Marco Bizzarri, who led the company out of a slump after Tom Ford’s resignation in 2004, will leave his role this September, amid a management shake-up that saw the hiring of a new creative director earlier this year and now the promotion of two other executives as deputy CEOs of parent company Kering. […]