No. 4 pick Kon Knueppel signs rookie scale contract

Former Duke guard Kon Knueppel, the fourth pick in the NBA draft, signed his rookie contract with the Charlotte Hornets on Thursday, the team announced. Knueppel was a second-team All-ACC selection last season, averaging 14.4 points, four rebounds, 2.7 assists and one steal in 39 games on 40.6% shooting from 3-point range. He scored in…

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La Perla acquired by US billionaire Peter Kern

By Ansa Translated by Nicola Mira Published June 10, 2025 The new owner of Italian luxury lingerie label La Perla is US billionaire Peter Kern, the former vice-president and CEO of Expedia. The news was reported by Italian daily Il Messaggero, citing sources from Italy’s Ministry of Business and Made-in-Italy (MIMIT). The news has been…

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HS2 line to be delayed again with no new date given

Nick Marsh Transport correspondent Michael Race Business reporter PA Media The opening of HS2 will be delayed beyond the target date of 2033, the government will announce but it is not expected to say when the high speed railway line will begin operating. Transport Secretary Heidi Alexander is expected to tell Parliament on Wednesday that…

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The world is changing, the US market is not

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’ It’s suddenly fashionable to talk about how the era of “American exceptionalism” is ending, given Trump’s policies, the dollar’s…

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Pornhub leaves France over age verification law

Aylo, the company which runs a number of pornographic websites, including Pornhub, is to stop operating in France from Wednesday. It is in reaction to a French law requiring porn sites to take extra steps to verify their users’ ages. An Aylo spokesperson said the law was a privacy risk and assessing people’s ages should…

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Fabletics names new marketing chief among management promotions

Fabletics announced on Wednesday the promotion of Carly Gomez to the role of chief marketing officer, alongside the expansion of Meera Bhatia’s role from chief operating officer to the U.S. activewear brand’s president and COO. Fabletics Bhatia joined Fabletics in February 2020. As COO, she has led strategies across e-commerce, production, operations, and technology, while driving the brand’s expansion…

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