•G-III Apparel Group entered into a definitive agreement with WHP Global to jointly own the Marc Jacobs brand's intellectual property through a newly formed joint venture.
•G-III will acquire and manage the global Marc Jacobs operating business, while WHP Global will manage the licensing operations.
•Finance Minister Koo Yun-cheol stated that a threatened strike by the Samsung Electronics union poses a significant risk to economic growth and exports.
•Leaders of three of the largest U.S. public pension systems expressed major concerns over SpaceX's ownership and control setup ahead of its upcoming public listing.
•Pension officials from New York and California urged Elon Musk to remove provisions that would curb shareholder protections.
•Vecima Networks reported strong financial results for the third quarter ended March 31, 2026, characterized by expanding gross and Adjusted EBITDA margins.
•The Bank of England's deputy governor stated that initial stablecoin regulation plans may have been overly conservative and the bank is exploring alternatives.
