Italian Fashion Brand Zegna Joins SPAC Frenzy With $3.2 Billion Valuation

The luxury menswear company intends to list on the New York Stock Exchange after merging with a SPAC owned by London-based private-equity firm Investindustrial and chaired by Sergio Ermotti, the former chief executive of UBS.

Delta Variant Stalls Asia’s Economic Recovery

Asia is emerging as a weak link in an otherwise strong...

Retailers Take Steps to Follow Shifting Guidance on Masks

Target said it would require workers to wear masks regardless of...

Progressives Press Pelosi Over Eviction Moratorium

House Speaker Nancy Pelosi is facing an uprising from progressive Democrats...

Reese Witherspoon’s Hello Sunshine to Be Sold to Media Company Backed by Blackstone

The venture Blackstone is backing will be run by former Walt...