Hedge fund bears are scaling back Kering short positions as new CEO plots resurgence

Hedge fund bears are scaling back Kering short positions as new CEO plots resurgence

Key Points Kering’s share price nears year-to-date high as new CEO Luca de Meo names Francesca Bellettini to lead Gucci revival. Interest in short positions on luxury group’s stock has fallen since the summer, suggesting some hedge funds are easing their negative stance. The group’s fortunes under the new regime will be keenly watched by…

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South Korea’s President Lee Trump investment financial crisis

South Korea’s President Lee Trump investment financial crisis

South Korean President Lee Jae Myung speaks during a South Korea-U.S. business roundtable at The Willard Hotel in Washington, D.C., U.S., August 25, 2025. Annabelle Gordon | Reuters South Korea’s economy could fall into crises rivaling its 1997 meltdown if the government accepts current U.S. demands in stalled trade talks without safeguards, President Lee Jae…

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37-year-old quit her job to start a wedding vow writing business—it brings in over K a month

37-year-old quit her job to start a wedding vow writing business—it brings in over $8K a month

For some brides and grooms, the prospect of writing and publicly reciting their wedding vows can be daunting. That’s where Katelyn Peterson comes in. Peterson, 37, is the founder and CEO of Wedding Words, a wedding vow and speech-writing business, and she’s passionate about helping “tongue-tied” couples express themselves. “I got into this business to…

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