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NEW ORLEANS (Reuters) -Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in ...
Honors. Grand Cross of the Legion of Honour (2023) [1] Bernard Jean Étienne Arnault ( French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [2] [3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is the richest person in the world, with an ...
The company's background can be traced to 1969, when airline and casino tycoon Kirk Kerkorian bought a controlling stake in the Metro-Goldwyn-Mayer (MGM) film studio. In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airlines , and was forced to sell a majority of his casino company, International Leisure ...
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Henry Morrison Flagler (January 2, 1830 – May 20, 1913) was an American industrialist and a founder of Standard Oil, which was first based in Ohio. He was also a key figure in the development of the Atlantic coast of Florida and founder of the Florida East Coast Railway. He is also known as a founder of the cities of Miami and Palm Beach ...