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Tiffany & Co. is proving to be LVMH’s crown jewel

American darling Tiffany & Co. is bringing in some serious cash for its French parent.LVMH reported 9% growth in its watch and jewelry vertical in the latest half of the year compared to the same period last year, driven by sales in the US, Asia, and Japan.Tiffany was a big reason for the growth, said LVMH CEO Bernard Arnault, France’s richest man.Arnault said in a Monday earnings call that Tiffany, which it acquired for $15.8…

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Ford joins race to develop next US Army tactical truck

Ford Motor Co. is pursuing what could be its biggest military contract in decades as it competes to build a new tactical truck for the U.S. Army. The automaker has secured a Department of War contract to develop three prototypes based on its F-Series Super Duty pickups, The Wall Street…

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