The French fashion house has been raising prices at a faster pace than other luxury brands, analysts say, prompting an outcry from some shoppers and testing their willingness to pay.
U.S.-Led Air Bridge of Weapons to Ukraine Seeks to Shore Up Kyiv's Ability to Resist Russia
KYIV, Ukraine-The U.S. and an informal coalition of several NATO countries are operating an air bridge to ship military aid to Ukraine, flying in the weapons and ammunition that Kyiv has requested to mitigate a decided Russian military edge and deter a possible invasion.
Eight U.S. cargo airplanes have landed in Kyiv since Jan. 22, after U.S. President Joe Biden approved $200 million in new military aid for Ukraine, with more scheduled in coming days. North Atlantic Treaty Organization members, including the U.K. and the Baltic states, have also sent plane loads of weapons, with Poland and the Czech Republic slated to make deliveries soon.
Queen Elizabeth Says She Wants Prince Charles's Wife to Be Queen Camilla
LONDON-Queen Elizabeth II has resolved a question hanging over her succession, stating that Camilla, Duchess of Cornwall, should be referred to as queen once Prince Charles accedes the throne.
In a message to mark her 70 years on the throne, Queen Elizabeth on Saturday-the eve of her accession-said it was her "sincere wish that, when that time comes" her eldest son's wife take the title "Queen Consort." Queen Consort refers to the spouse of a ruling king. As a result, the Duchess of Cornwall would be referred to as "Queen Camilla" if her husband comes to the throne.
White House Warns Russian Invasion of Ukraine Could Come 'Any Day Now'
White House national security adviser Jake Sullivan warned Sunday that a Russian invasion of Ukraine could be imminent and might entail a high cost for the civilians living there.
"We are in the window," Mr. Sullivan told Fox News Sunday. "Any day now, Russia could take military action against Ukraine or it could be a couple of weeks from now, or Russia could choose to take the diplomatic path instead."
U.S. to Waive Sanctions on Iran Civilian Nuclear Activities as Talks Heat Up
WASHINGTON-The Biden administration is waiving sanctions on some of Iran's civilian nuclear activities as it seeks to close a deal with Iran on returning to the 2015 nuclear pact.
The U.S. will once again allow foreign companies and officials to work on certain nonweapons Iranian nuclear facilities, reversing a Trump administration decision in 2020 to sanction that work, which froze this activity, according to documents reviewed by The Wall Street Journal.
Spotify CEO Apologizes to Employees for Joe Rogan, Says He Won't Silence Star Podcaster
Spotify Technology SA Chief Executive Daniel Ek apologized to employees for the backlash that has followed the emergence of Joe Rogan's use of a racial slur in previous podcast episodes.
He said in a letter shared with The Wall Street Journal by a company spokesman that he has no plans to remove the star podcaster from the streaming platform and committed to spending $100 million on music and audio content from what he called historically marginalized groups.
Toshiba Looks to Split Two Ways Instead of Three
TOKYO-Toshiba Corp. revised its restructuring plan and said it wants to split into two parts instead of three, hoping to end a fight with foreign shareholders.
The Japanese conglomerate said Monday that under the revised plan, it would spin off its device business, which makes power semiconductors that have been sought-after during pandemic-era supply crunches. It said it aims to complete the split by March 2024.
Lawmakers, Regulators Seek to Rein In Fees Carriers Charge at Ports
Mark Boone grudgingly accepted that the cost of shipping a container of wax melters from Pakistan to Charleston, S.C., doubled in the past year to more than $17,000.
But the shipping line's extra $6,820 fee in December for a single container that U.S. Customs and Border Protection pulled aside for inspection for 20 days fell outside commercial market forces, as far as he was concerned.
Airlines Face Unexpected Safety Issue in Pandemic: More Bird Strikes
Airlines are contending with an unexpected consequence of the pandemic: a rising rate in bird collisions.
Called "bird strikes" in the industry, such collisions are rare, but potentially dangerous. A flock of birds crippled both engines of the jet that Chesley "Sully" Sullenberger safely ditched in the Hudson River in 2009. Most collisions are less catastrophic, but airports and pilots train extensively to avoid them.
Beijing Winter Olympics Opening Day Draws About 16 Million U.S. Viewers, 43% Lower Than in 2018
The opening day of the Winter Olympics in Beijing drew nearly 16 million viewers in the U.S. on Friday across NBC's TV and streaming platforms, a roughly 43% drop from the kickoff for the Games in Pyeongchang in 2018, according to preliminary figures from the network.
The opening ceremony aired twice on Friday-live in the morning and again in prime time, on both NBC and streaming service Peacock. Beijing is 13 hours ahead of the U.S. East Coast. NBC's viewership ratings, which includes figures from Nielsen and Adobe Analytics, cover all of the TV broadcasts and streaming.
Write to sarka.halas@wsj.com
Expected Major Events for Monday
06:45/SWI: Jan Unemployment
07:00/NOR: Dec Industrial Production Index
07:00/UK: Jan Halifax House Price Index
07:00/GER: Dec Industrial Production Index
07:00/FIN: Dec Foreign trade
08:00/SWI: Jan SNB foreign currency reserves
08:00/AUT: Jan Wholesale Price Index
08:00/CZE: Dec External trade
08:00/CZE: Dec Industry, Construction
08:00/AUT: Nov Foreign Trade
09:00/ICE: Jan External trade, preliminary figures
10:00/GRE: Dec External Trade (provisional data)
11:00/IRL: Dec Industrial Production and Turnover
All times in GMT. Powered by Kantar Media and Dow Jones.
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This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
02-07-22 0046ET
