As a Francis Bacon triptych sold for $142.4 million at a New York auction last night, the city popped with fundraising, retail excursions, Harvey Weinstein film showcases, and a heavyweight boxer in the ring at the New York Public Library.
U.S. stocks rose for a third straight week, sending the Standard & Poor’s 500 Index to a record, as earnings beat estimates and weak economic data fueled speculation the Federal Reserve will delay reducing stimulus.
Chris Burch, the former husband of fashion designer Tory Burch, sold about half of his 28.3 percent stake in New York-based retailer Tory Burch LLC Dec. 31, settling a year-old legal dispute between the couple, according to two people familiar with the transaction.
Chanel designer Karl Lagerfeld, with his shock of white hair, black glasses and leather gloves, will be the center of attention in Paris next Tuesday when he debuts the luxury-goods company’s latest ready-to-wear collection during the city’s Fashion Week.
Apple Inc. asked to proceed with a new trial on 14 Samsung Electronics Co. products for which a U.S. judge overturned a jury patent-infringement award rather than letting Samsung appeal her decision upholding damages for 14 other products covered by the jury’s verdict.