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New York Times Business

  1. Acquiring the Italian luxury brand would insert Kors into the high-end fashion market and help it challenge European conglomerates.
  2. Kevin Systrom and Mike Krieger, Instagram’s co-founders, resigned from the photo app on Monday. Their exits add to the challenges facing Facebook, which owns the app.
  3. Instagram’s co-founders, who resigned on Monday, presided over a company that boomed with help from technological advances and societal changes.
  4. It’s unclear if any successor will be able to continue the hot streak of the social networks’s co-founders, Kevin Systrom and Mike Krieger.
  5. The popular Chinese restaurant chain — which woos its customers with shoe-shining services, board games and other distractions — plans to raise $1 billion.