LVMH buys Tiffany in $16.2B deal

LVMH Moët Hennessy announced today that the luxury brand acquired Tiffany & Co. in an all-cash deal worth $16.2 billion. Yahoo Finance’s Dan Roberts, Julia La Roche and Brian Cheung discuss on YFi AM.

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  • Exclusive: Large bitcoin payments to right-wing activists a month before Capitol riot linked to foreign account

    U.S. law enforcement is investigating whether a bitcoin transfer to right-wing organizations and personalities was linked to the Jan. 6 assault on the Capitol.

  • House arrest plan for invader of Pelosi's office halted

    A federal judge in Washington on Friday night halted a plan to release and put on house arrest the Arkansas man photographed sitting at a desk in House Speaker Nancy Pelosi's office during last week's riot at the U.S. Capitol. Richard Barnett will instead be brought to Washington, D.C., immediately for proceedings in his case, Chief U.S. District Judge Beryl Howell ordered Friday night, staying a decision by another judge to confine Barnett to his home in Gravette, Arkansas, until his trial. Howell's ruling came hours after U.S. Magistrate Judge Erin Wiedemann in Arkansas set a $5,000 bond for Barnett and ordered that a GPS monitor track his location.

  • National Guard authorised to use lethal force at Capitol as they prepare for potential inauguration protests

    Thousands of troops with lethal weapons will be guarding the inauguration as threats of pro-Trump demonstration and attacks intensify

  • Canada's Trudeau urges unified front against China detentions, says all nations vulnerable

    Canadian Prime Minister Justin Trudeau urged nations around the world to maintain a unified front against Chinese detentions of foreign citizens, saying every country was vulnerable. Trudeau made his remarks as China offered more consular access to two Canadian men it arrested in December 2018 and charged with spying. Canada has repeatedly called on its partners to press Beijing for their release.

  • More Inside Artist Jorge Pardo's Transformed Bushwick Carriage House

    When it came to the lighting in his home, Pardo drew inspiration from the insides of fruits, nuts, and seeds, as well as sea creatures and machine parts.Originally Appeared on Architectural Digest

  • Government must 'get a grip' of what is now a full-blown crisis in the fishing industry, say fishermen

    Scotland's fishermen have told Boris Johnson his Brexit trade deal leaves them with the "worst of both worlds" amid export delays and collapsing market prices. In a letter to the Prime Minister, the Scottish Fishermen's Federation (SFF) said the industry was facing "mounting financial losses" and the only way to ensure a fair price was a 72-hour round trip to land catch in Denmark. Elspeth Macdonald, the trade group's chief executive, said there was "huge disappointment and a great deal of anger about your failure to deliver on promises made repeatedly to this industry." She accused him of having "spun a line" about a 25 per cent uplift in the UK's quota and demanded urgent details of promised compensation for the disruption. Her concerns were echoed by Scotland's seafood processors, who said ministers in both London and Edinburgh need to "get a grip" of the long delays exporters are facing. A third of fishing boats in Scotland are tied up at harbours and the industry is estimated to be losing £1 million per day. Exporters warned they face possible bankruptcy amid a suspension of road deliveries due to border delays. Transport company DFDS stopped exports last week after delays in getting new paperwork introduced following the expiry of the Brexit transition period for EU border posts in France. It aims to resume the service on Monday. Paperwork has to be approved before consignments can be sent to DFDS's warehouse in South Lanarkshire and then on to English Channel ports. In her letter to the Prime Minister, Ms McDonald said: "Many fishing vessels are tied to the quay wall.” She added: "This industry now finds itself in the worst of both worlds. Your deal leaves us with shares that not only fall very far short of zonal attachment, but in many cases fail to ‘bridge the gap’ compared to historic catches, and with no ability to leverage more fish from the EU, as they have full access to our waters. "This, coupled with the chaos experienced since 1st January in getting fish to market means that many in our industry now fear for their future, rather than look forward to it with optimism and ambition."

  • European powers press Iran to back off latest nuclear move

    Germany, France and Britain pressed Iran on Saturday to back off the latest planned violation of its 2015 nuclear deal with world powers, saying that Tehran has “no credible civilian use” for uranium metal. The International Atomic Energy Agency said Thursday Iran had informed it that it had begun installing equipment for the production of uranium metal. It said Tehran maintains its plans to conduct research and development on uranium metal production are part of its “declared aim to design an improved type of fuel.”

  • Trump news: McEnany departs White House as McConnell calls impeachment ‘vote of conscience’

    Cabinet officials preparing to leave administration as DC prepares for Biden inauguration

  • Pfizer says it has second doses of COVID-19 shot on hand, expects no U.S. supply problems

    Pfizer Inc has been holding on to second doses for each of its COVID-19 vaccinations at the request of the federal government and anticipates no problems supplying them to Americans, a spokeswoman said in a statement on Friday. Pfizer's comments run counter to a report in the Washington Post that the federal government ran down its vaccine reserve in late December and has no remaining reserves of doses on hand. "Operation Warp Speed has asked us to start shipping second doses only recently," the spokeswoman said.

  • Texas realtor who took private jet is charged in Capitol riot

    Jennifer Ryan faces charges of disorderly conduct and knowingly entering or remaining in any restricted building or grounds without lawful entry.

  • Waitress credited with helping boy after noticing bruises

    A Florida waitress who noticed bruises on an 11-year-old boy flashed him a handwritten note asking him if he needed help, and when he nodded yes, she called the police, authorities said. Orlando police credited Flaviane Carvalho, a waitress at Mrs. Potato Restaurant, with coming to the boy's aid on New Year's Eve when the child’s parents weren’t looking. Police took the boy to a hospital where doctors found bruises on his face, earlobes and arms.

  • GOP officials are reportedly privately worried controversial pro-Trump House members could launch Senate, governor campaigns in 2022

    Georgia and Arizona were two of the most crucial states in this election cycle, and it looks like they'll remain at the forefront of the coming battle within the Republican Party, The New York Times reports.Things have grown tense in the Sun Belt states, where mainstream Republicans are hoping to fend off President Trump's allies. In Arizona, for instance, the state GOP is trying to censure Republican Gov. Doug Ducey — as well as former Sen. Jeff Flake (R-Ariz.) and Cindy McCain — in part because he has been "deemed insufficiently beholden to Trump," Politico reports. In Georgia, there's a faction on the right that wants to defeat Gov. Brian Kemp (R), who has faced Trump's wrath for not supporting his election conspiracy theories, in a gubernatorial primary in 2022.Both situations reportedly have the more traditional half of the Republican Party concerned — privately, the Times reports, GOP officials are concerned some high-profile members of the House that are considered staunch Trump loyalists who have "propagated fringe conspiracy theories," like Rep. Marjorie Taylor Greene (R-Ga.) and Rep. Andy Biggs (R-Ariz.), as well as Rep. Lauren Boebert (R-Colo.), could launch campaigns for Senate seats and governorships in their states in 2022. So, even as, per USA Today, Republican senators ponder whether to vote to convict President Trump in his upcoming impeachment trial, and then potentially vote to bar him from future public office, their fight against him is seemingly far from over. Read more at The New York Times, Politico, and USA Today.More stories from theweek.com Trump's vaccine delay is getting suspicious 5 more scathing cartoons about Trump's 2nd impeachment The worst-case scenario for America's immediate future

  • MAGA protester punched by Black woman security guard fired by UMass Hospital

    The white woman caught on tape getting into a physical altercation with a Black female security guard the evening before the Capitol riots lost her job at UMass Hospital. The termination occurred after her daughter went viral for exposing her identity on social media. On January 5th, Therese Duke and a group of pro-Trump protesters that included other family members were filmed harassing Ashanti Smith, a security guard working at Black Lives Matter Plaza in Washington D.C.

  • Teen charged with killing infant daughter in woods

    A 16-year-old boy has admitted to fatally shooting his newborn daughter and leaving her body inside a fallen tree in the woods in Wisconsin, according to prosecutors.

  • Analysis - Less for more in Turkey: costly food starves economic rebound

    Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. With surveys showing pantries are thinning out, Erdogan may need to do more about basic living costs even after installing a new central bank chief who in November pledged to tame inflation.

  • No charges in Pennsylvania discarded-ballots case

    No criminal charges will be filed against a former temporary elections worker authorities have said mistakenly discarded nine military ballots ahead of the November presidential election, a federal prosecutor announced Friday. Officials have previously blamed the decision to toss out the ballots on an unidentified and improperly trained contract worker who had been handling mail-in ballots for the county for two days. The ballots were later retrieved from the trash and were counted with other mailed ballots after the Nov. 3 election.

  • Trump will take nuclear football out of DC on his final day in office - and the codes will be deactivated at the stroke of noon

    Military officials will have second 45-pound briefcase ready for Joe Biden

  • Coronavirus latest news: Ending lockdown in February would be a 'disaster', Sage scientist warns

    Borders closed to shut out new strains Five million over-70s to receive invitations for jabs Doctors told to throw away leftover Covid vaccines UK faces delays in delivery of Pfizer coronavirus vaccine Three-quarters back curfews to prevent evening socialising Subscribe to The Telegraph for a month-long free trial Removing coronavirus restrictions at the end of next month would be a "disaster" and put "enormous pressure" on the NHS, a Sage scientist has warned. Professor John Edmunds told BBC Radio 4's Today programme: "I think it would be a disaster if we removed restrictions in, say, the end of February when we have gone through this first wave of the vaccination. "First of all vaccines aren't ever 100% protective, and so even those that have been vaccinated would be still at some risk. "If we relaxed our restrictions we would immediately put the NHS under enormous pressure again." It came as the World Health Organisation warned that while measures like social distancing are working, we have to do them better. Dr Margaret Harris told the BBC: "The public health measures that we know work: the distancing, not gathering in large numbers, understanding who has the virus and who has not, keeping the two apart, all those measures do work. "They work over and over again in a number of countries, so we have to do them better. "Some of the actions at the borders, like testing people, quarantining people, understanding where they're coming from, are all part of ensuring who has the virus, who has not and keeping them apart." Follow the latest updates below.

  • Indonesia quake kills at least 42, injures hundreds

    A powerful earthquake killed at least 42 people and injured hundreds on Indonesia's island of Sulawesi on Friday, trapping several under rubble and unleashing dozens of aftershocks as authorities warned of more quakes that could trigger a tsunami. The quake and aftershocks damaged more than 300 homes and two hotels, as well as flattening a hospital and the office of a regional governor, where authorities told Reuters several people have been trapped under the rubble. "Praise be to God, for now OK, but we just felt another aftershock," said Sukri Efendy, a 26-year-old resident of the area.

  • Sparse trees, little work for woodcutters in squeezed Gaza

    With a chainsaw in his car, Ahmed Abdelal tours the Gaza Strip, asking around for people wanting to cut down trees, regrow orchards or make way for construction. One of the few remaining woodcutters in the Palestinian territory, Abdelal, who learned woodcutting from his father, is struggling to scratch out a living in a traditional job that is less and less in demand. Job opportunities are rare in this Palestinian enclave wedged between Israel, Egypt and the Mediterranean Sea, and so are green spaces.