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Tariffs Rock the Boat Industry

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Steve Menneto, Malibu Boats CEO, tells Open Interest the company is working with suppliers to avoid passing tariffs onto the consumer. (Source: Bloomberg)



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Funding & Business

Watch EU Foreign Ministers Meet to Discuss Trade Agreement

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Yemen’s Houthis Say PM Was Killed in Israeli Strike Thursday

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The prime minister of Yemen’s Houthi government was killed in Israeli strikes on Thursday, along with a number of ministers, the group’s presidency said in a statement.

Prime Minister Ahmed Ghalib Al-Rahwi and members of his cabinet were targeted on Thursday during a routine workshop held by the government, according to the statement carried by Houthi-run Al Masirah TV.



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Bernard Arnault Bets on LA’s Rodeo Drive With New Tiffany, Louis Vuitton

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Bernard Arnault is pressing ahead with two major developments on Rodeo Drive in Beverly Hills, tightening his grip on one of the world’s most exclusive retail corridors.

Arnault’s luxury conglomerate, LVMH Moët Hennessy Louis Vuitton SE, is planning a new Tiffany & Co. flagship store on the site of the old Luxe Hotel, which will be demolished, according to city filings reviewed by Bloomberg.



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