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LVMH Posts Biggest Quarterly Drop Since Dot-Com; UBS Sees Luxury Opportunity
LVMH Posts Biggest Quarterly Drop Since Dot-Com; UBS Sees Luxury Opportunity
LVMH, the owner of Louis Vuitton, Christian Dior, Fendi, Bvlgari, Moët & Chandon, and dozens of other luxury brands, just posted its worst quarter since the dot-com bust era, making it the worst-performing European luxury stock this year as demand for luxury handbags, shoes, watches, perfumes, and wines continues to soften amid an intensifying Middle East conflict.
LVMH shares in Paris tumbled 28% in the first quarter, exceeding quarterly declines seen during Covid and the 2008 financial crisis,...
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Jan 21, 2023 / Bobby Caina Calvan
Obnoxiously loud car? A traffic camera might be listening
NEW YORK (AP) — After the relative quiet of the pandemic, New York City has come roaring back. Just listen: Jackhammers. Honking cars and trucks. Rumbling subway trains. Sirens. Shouting.
Over the years, there have been numerous efforts to quiet the cacophony. One of the latest: traffic cameras equipped with sound meters capable of identifying souped-up cars and motorbikes emitting an illegal amount of street noise.
At least 71 drivers have gotten tickets so far for violating noise rules during a yearlong pilot program of the system. The city’s Department of Environmental Protection now has plans to expand the use of the roadside sound meters.
Feb 14, 2026 / Mark Thornton
Markets, Manipulation, and Silver-Stacking
A historic metals shakeout, a simple “stacking plan,” and a bigger question: how do you stay independent when the system punishes savers?
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Mar 14, 2026 / Tyler Durden
UK Councils Warn Schools: Children's Drawings Could Be Blasphemous Under Islamic Law
UK Councils Warn Schools: Children's Drawings Could Be Blasphemous Under Islamic Law
Authored by Steve Watson via Modernity.news,
In yet another assault on free expression in British classrooms, schools are being instructed by Labour councils to treat kids’ innocent drawings as potential offenses under Islamic interpretations.
Guidelines warn that depicting humans or prophets could spark blasphemy complaints, forcing teachers to tiptoe around religious sensitivities at the expense of creativity and open education.
The push comes amid a broader Labour government drive to monitor and suppress any perceived slights against Muslims, turning schools into surveillance outposts...
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