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☆ The real story behind Coco Chanel's collaboration with the Nazis, as featured in 'The New Look'
▼ + stars: | 2024-03-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +8 min

Apple TV+ "The New Look" shines a light on Coco Chanel's murky history as a Nazi informant and spy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Juliette Binoche and Emily Mortimer as Coco Chanel and Elsa Lombardi in "The New Look." Roger Do Minh/Apple TVHow deep the fashion icon's Nazi collaboration ran was made public for the first time in "Sleeping with the Enemy: Coco Chanel's Secret War," by Hal Vaughan, published in 2011. AdvertisementChanel, who died in 1971 at 87, continued her relationship with Von Dincklage after the war for several years.

Persons: —, France's, Coco Chanel that's, Chanel, Todd A, Christian Dior, Juliette Binoche, Emily Mortimer, Coco Chanel, Elsa Lombardi, Roger Do Minh, Hal Vaughan, Vaughan, Dreyfus, Alfred Dreyfus, Hulton, Baron Hans Günther Von Dincklage, Von Dincklage, Spatz, André Palasse, Pierre, Paul Wertheimer, Chanel didn't, Parfums Chanel, Modelhut Coco Chanel, Winston Churchill, Bettmann, Duke of Westminster, Walter Schellenberg, Schellenberg, Vera Bate Lombardi, Lombardi —, Chanel's, Churchill, Baron Louis de Vaufreland, Per Vaughan, Wertheimer, James Andanson, Dincklage, Baron von Dincklage Organizations: Apple, Nazi, Service, Deutsch, Hotel Ritz, Abwehr, AFP, Getty, British, Paris, Chanel Locations: Nazi, Paris, German, British, Germany, French, Britain, Madrid, Churchill, Switzerland

Former President Donald Trump kicked off a last-ditch effort to preserve his claim of total immunity from criminal charges by asking the Supreme Court on Monday to intervene, filing an application for a stay of a lower-court ruling that he cannot use immunity as a defense. “President Trump is the leading candidate for President in the 2024 election,” Trump’s attorneys wrote in the application. The Best Cartoons on Donald Trump View All 292 Images“For the purpose of this criminal case, former President Trump has become citizen Trump, with all of the defenses of any other criminal defendant,” the judges wrote. The request for a stay precedes an expected appeal to the high court and was not a surprise. Until the Supreme Court acts on the request for a stay, the appellate judges will delay formally sending their decision, or “mandate,” to U.S. District Judge Tanya Chutkan, who is overseeing the election interference trial.

Persons: Donald Trump, Trump, ”, Biden –, President Trump, Trump’s, Tanya Chutkan, Chutkan, eviscerated, Fred Wertheimer, ” Wertheimer, “ Organizations: “, U.S ., Appeals, Capitol, Donald Trump View, Trump, Democracy Locations: U.S, Colorado

☆ Opinion | Has No Labels Become a Stalking Horse for Trump?
▼ + stars: | 2023-11-29 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +2 min

I asked her whether No Labels should be required to register as a political party. If No Labels fields candidates, it should register as a political party. It has the basic structure of a modern electoral organization, with leaders, data and campaign analysts, fund-raisers, and volunteers. A No Labels candidate, Kuo continued:will likely serve as a spoiler in what is shaping up to be a very tight race between President Biden and former President Trump. Given where No Labels is trying to position itself on the partisan spectrum, it is very likely that its candidate would draw votes from President Biden, rather than Donald Trump — with grave consequences for American democracy.

Persons: Kuo, Biden, Trump, Donald Trump, Seth Masket, Fred Wertheimer, ”, “, Wertheimer, Gary Jacobson, Nancy Jacobson Organizations: University of Denver, Democracy, University of California, Trump, Trump’s Locations: Arizona , Wisconsin, Georgia, San Diego

☆ Chanel's CEO says she's been the 'first woman, the first brown person, the first Asian, the first Indian' in every job – and wants to lift others up
▼ + stars: | 2023-08-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Chanel CEO Leena Nair told The Wall Street Journal she's been a trailblazer in every job she's had. The 54-year-old is the luxury fashion retailer's second female boss in its 113-year history. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The French luxury retailer appointed Leena Nair as only its second female boss in its 113-year history in January 2022. Maureen Chiquet became the Chanel's first female boss when she was appointed as its global CEO in 2007, before she resigning in 2016 due to strategic differences.

Persons: Leena Nair, she's, Nair, Chanel, I've, Pascal Le Segretain, she'd, Maureen Chiquet, Alain Wertheimer Organizations: Wall, Service, Wall Street, Unilever, Chanel Locations: Wall, Silicon, Paris

☆ Opinion: Mitch McConnell’s confidence is being put to the test
▼ + stars: | 2023-05-14 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Not to worry, said Senate Minority Leader Mitch McConnell, a veteran of debt limit battles. McConnell’s reassurance that all will work out in the end is validated by history, but that doesn’t mean this time couldn’t be different. “If female voters are key to a Donald Trump victory in 2024, the former president should be in big trouble – but he doesn’t seem to care,” Jill Filipovic observed. “The town hall audience – selected on the basis of their intention to vote in the Republican primary in New Hampshire – appeared to be made up mostly of Trump fans.

☆ 'Focused on the job': France's Le Maire defends writing of steamy novel
▼ + stars: | 2023-05-03 | by ( Dominique Vidalon | ) www.reuters.com time to read: +2 min

PARIS, May 3 (Reuters) - French Finance Minister Bruno Le Maire said he was fully focused on creating growth and fighting inflation after coming under fire for penning a steamy novel that was published hours before France's credit rating was downgraded by an agency. "I am 100% focused on the job," Le Maire told Franceinfo radio. It is a graphic account of Oskar having sex with a character named Julia that has exposed Le Maire to mocking and criticism. The French edition of the Huffington Post headlined a story "Bruno Le Maire has written about an anus and no one was ready for this." "These are 10 lines out of a 480 pages book," Le Maire shot back when pushed on his writings during the Franceinfo interview.

☆ Watch CNBC's full interview with Melius Research's Rob Wertheimer on construction stock sell-off
▼ + stars: | 2023-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Melius Research's Rob Wertheimer on construction stock sell-offRob Wertheimer, director of research at Melius Research, joins 'Power Lunch' to discuss the construction stock sell off, the infrastructure bill bringing funding to construction, and the tail wind driver of onshoring.

☆ Caterpillar sees big losses in construction stock sell-off
▼ + stars: | 2023-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaterpillar sees big losses in construction stock sell-offRob Wertheimer, director of research at Melius Research, joins 'Power Lunch' to discuss the construction stock sell off, the infrastructure bill bringing funding to construction, and the tail wind driver of onshoring.

☆ Meet the Wertheimers, the secretive French brothers worth $96 billion who control Chanel, own vineyards in France and Napa Valley, and breed racehorses
▼ + stars: | 2023-03-04 | by ( Meira Gebel | Libertina Brandt | Avery Hartmans | ) www.businessinsider.com time to read: 1 min

The New York Times once described the brothers as "fashion's quietest billionaires." Gerard told The Times' magazine in 2002 that the family prefers being discreet. It's about everyone who works and creates at Chanel. Gerard, left, and Alain Wertheimer at the Prix de l'Arc de Triomphe at the Hippodrome de Longchamp in 2006. Michel Dufour/WireImage/Getty ImagesSource: The New York Times Magazine, The New York Times

☆ Luxury Tycoons Leave Big Shoes to Fill
▼ + stars: | 2023-01-19 | by ( Carol Ryan | ) www.wsj.com time to read: 1 min

Bill Gates and Jeff Bezos handed the running of their companies to skilled industry executives. The billionaire founders of the world’s top luxury groups are more clannish, so investors need to watch the family. The bosses of several big luxury businesses are now in their eighth decade, including the world’s richest man, LVMH Moët Hennessy Louis Vuitton founder Bernard Arnault , Cartier owner Johann Rupert and the husband-and-wife team at the top of Prada , Miuccia Prada and Patrizio Bertelli . The brothers behind privately held Chanel, Alain and Gerard Wertheimer , are also in their 70s.

☆ 10 money managers who quietly control the vast fortunes of Jeff Bezos, Sergey Brin, the Waltons, and other big-name billionaires
▼ + stars: | 2022-12-27 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +24 min

Many über-rich people don't outsource their wealth — they hire their own chief investment officers. He left SAC in 2005 for Dune Capital Management, but stayed in touch with Steve during his five-year term at the investment firm. Andrew oversees CPV's portfolio, which primarily comprises direct private investments such as Collectors Universe, a collectibles-authentication company, and the New York Mets. In 2011, Wildcat Capital Management was launched with Potter as president and chief investment officer. Since November 2021, Carland has also served as the interim chief investment officer for Builders Vision's asset arm.

☆ Meet the Wertheimers, the secretive French brothers worth $30.8 billion who control Chanel, own vineyards in France and Napa Valley, and breed racehorses
▼ + stars: | 2019-07-01 | by ( Meira Gebel | Libertina Brandt | ) www.businessinsider.com time to read: +1 min

His grandsons, brothers Alain and Gerard Wertheimer, control Chanel today, which generated $9.6 billion in 2018. The brothers have a combined net worth of $30.8 billion. Their wealth, while largely inherited, has been grown through business deals and acquisitions spanning retail, wine, and horse racing. The brothers are largely tight-lipped, hardly ever speaking to the press or giving interviews about their wealth, companies, family, relationships, or hobbies. With a combined net worth over $30 billion, the Wertheimer brothers are among the richest people in the world.

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