In most New York child support cases, courts award no more than $23,000 a year to cover a child’s basic needs.
Then there is the 5-year-old son of billionaire businessman Francois-Henri Pinault, whose companies include Yves Saint Laurent and Gucci, among others, and millionaire model Linda Evangelista.
On Thursday, the parents will appear in Manhattan Family Court to begin a trial over child support payments with staggering sums at stake: Ms. Evangelista [...]
Recession means new reality for Netherlands, stalwart economy of euro zone
The Netherlands is one of the richest and strongest economies in the euro zone. But, in recent months, the country has dipped back into recession as it tries to shave nearly $20 billion from its budget. It’s forced some people living on the margins to seek assistance.
Take a walk through one of central Amsterdam’s biggest and swankiest department stores and [...]
(AFP) BEIJING — Gucci said it had “replaced” senior managers in China and was reviewing its business practices after former staff at a flagship store said they were abused so badly that some suffered miscarriages.
The Italian fashion label issued a statement late Tuesday after Chinese media said some former employees at the store in the southern boom town of Shenzhen claimed they had to ask [...]