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Once a shrine to a retailer’s brand, ‘flagships’ lose lustre

NEW YORK — It used to be considered the retailer’s crown jewel a large format store on a swank corridor that showed off the best of what a brand had to offer.

But now the so-called flagship store is disappearing from high-profile shopping thoroughfares like Manhattan’s Madison Avenue and Chicago’s Magnificent Mile because of skyrocketing rents and the shift to online shopping.

Trump vows to retaliate against French digital tax

WASHINGTON — President Donald Trump promised on Friday to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook.

He also managed to get in a shot at French wine. Trump, who doesn’t drink alcohol, tweeted: “I’ve always said American wine is better than French wine!”

EU braces for Boris Johnson as UK leader--and Brexit

Brussels is bracing for Boris and Brexit.

Three decades ago, journalist Boris Johnson wrote stories for London's Daily Telegraph playing up stereotypes about bumbling bureaucrats in the European Union wasting money and tying up U.K. businesses in red tape—articles the European officials deemed to be so false that they coined the word “Euromyth” to describe them.