US Business

Bankruptcy for Barneys? Symbol of New York luxe faces uncertain future

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Management ‘actively evaluating opportunities’ as collapse of the store would be a significant, symbolic blow to retail

Interview relaunch proves there’s life yet in high-end magazines

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The news speaks to optimism at the glossiest end of publishing even as numerous titles are struggling to get by

Apple shares hit record high as iPhone X pre-sales fuel 19% rise in profits

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  • Apple worth over $868bn, close to making it world’s first $1tn company
  • CEO Tim Cook: ‘This was our biggest year ever in most parts of the world’

Snapchat to make high-profile stock debut after revealing IPO plans

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The disappearing picture message service will likely be valued at up to $25bn, cementing co-founder Evan Spiegel’s status as one of the richest people in tech

Art market faces uncertain 2017 after falling values and high-profile disputes

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A drop in volume, court battles and authenticity issues dogged 2016 and no one is sure if the new presidency will be good or bad for business