Partly reflecting a jump in spending on public construction, the Commerce Department released a report on Friday showing a bigger than expected increase in U.S. construction spending in the month of September. The Commerce Department said construction spending climbed by 0.5 percent to an annual rate of $1.294 trillion in September. [...]
PARIS — LVMH Moët Hennessy Louis Vuitton’s watch label Tag Heuer has hired Benjamin Beaufils as president of North America, tapping an executive from within the group to lead sales, marketing and operations in the U.S. and Canada, WWD has learned.
The former Louis Vuitton executive, who headed that brand’s North American operations from Miami, will shuttle between Tag Heuer offices in New York and New Jersey.
Reporting to Yann Bouillonnec, the watchmaker’s vice president of sales, Beauf [...]
Nvidia Corp. won a reported bidding war for high-performance chip maker Mellanox Technologies Ltd., announcing Monday morning that the two companies had agreed to a deal valued at nearly $7 billion.