WASHINGTON — Senator Elizabeth Warren on Friday revealed her plan to pay for an expansive transformation of the nation’s health care system, proposing huge tax increases on businesses and wealthy Americans to help cover $20.5 trillion in new federal spending. The plan represents a significant bet that enough voters will favor an approach that dismantles…
Gamers revolted last month when Activision Blizzard, the company behind some of the world’s most popular video games, punished a player for voicing support for the pro-democracy protests in Hong Kong. Now, BlizzCon, the highly anticipated annual convention run by the company’s Blizzard Entertainment division, may be disrupted by demonstrations. Here’s the latest on the…
For decades, Barneys New York epitomized a certain kind of aspirational Manhattan cool. It matched the city’s soaring skyscrapers in its ambition, unapologetic ego and raised-eyebrow gloss. The retailer was the first to introduce names such as Armani, Alaia, Comme des Garcons, Louboutin and Zegna, and its flagship store on 61st Street and Madison Avenue…
James DevaneyGetty Images Zac Posen is shutting down business. On Friday, November 1, to the surprise of literally everyone, WWD reported that Zac Posen, the designer who founded his namesake label in 2001, is officially shutting down his business. According to WWD, Posen explained that “we were in a sale process and we ran out…
A cashmere sweater from the new line Leret Leret.Credit…Courtesy of Leret Leret Another piece from Leret Leret’s debut collection.Credit…Courtesy of Leret Leret Sublimely Soft and Colorful Cashmere Sweaters When the siblings Andrea and Edouard Leret, 26 and 29, respectively, had each logged a few years in the New York fashion industry, they decided to join…
President Trump said Friday that he intended to nominate Dr. Stephen M. Hahn, a top executive at The University of Texas M.D. Anderson Cancer Center, to be the next commissioner of the Food and Drug Administration. If he is confirmed by the Senate, Dr. Hahn would fill the vacancy left by Dr. Scott Gottlieb, who…
ImageElizabeth Warren at an event two years ago in support of the “Medicare for All Act of 2017.” Bernie Sanders introduced the bill. Credit…Yuri Gripas/Reuters Elizabeth Warren’s “Medicare for all” proposal would make substantial shifts to how the United States pays for its health care system. She would eliminate most other forms of coverage, including private…
Christian VierigGetty Images Winter is coming and we’re ready to end the year with a bang. I mean bag. We want a new bag. But before you blindly jump into a new investment, we reached out to the top buyers in America for industry tips on the styles edging toward it-bag status. Get excited, because…
Norway won last year. Britain won the year before that. But it was a blue cheese from the United States that recently won the top prize at this year’s World Cheese Awards. It was a first for an American cheese in the awards’ 32-year history. Rogue Creamery, which won for its Rogue River Blue produced…
In August, Barneys New York announced that the company filed for bankruptcy. Kith investor Sam Ben-Avraham launched a Save Barneys NY campaign and reportedly bid $260 million to keep the retailer open but later withdrew his bid. On Thursday, October 31, Barneys’ ongoing bankruptcy saga ended after a judge approved a deal to sell Barneys…