Erica Herskowitz

Italian fashion designer Valentino Garavani, who achieved global prominence in the 1960s dressing former U.S.

First Lady Jacqueline Kennedy, died Sunday in Rome.

A designer for five decades, Valentino was a phenomenon in the fashion industry, styling royalty to Hollywood stars, including Elizabeth Taylor and Julia Roberts.

After selling his Valentino label in 1998 for $300 million, he continued designing for the brand until his retirement in 2008.

Valentino was 93 years old.

Erica Herskowitz, Bloomberg Radio.

The jump comes after shipments of iPhone 17 devices soared 28% during the holiday quarter, with Apple's handsets accounting for one in every five shipments, despite a worsening shortage of vital memory chips.

The growth comes at the expense of Huawei Technologies and Xiaomi, both of which experienced double-digit percentage declines.

Overall, shipments in the world's largest smartphone arena fell 1.6%.

Erica Herskowitz, Bloomberg Radio.

The jump comes after shipments of iPhone 17 devices soared 28 percent during the holiday quarter, with Apple's handsets accounting for one in every five shipments, despite a worsening shortage of vital memory chips.

The growth comes at the expense of Huawei Technologies and Xiaomi, both of which experienced double-digit percentage declines.

Overall, shipments in the world's largest smartphone arena fell 1.6 percent.

Erica Herskowitz, Bloomberg Radio.

News when you want it with Bloomberg News Now.

I'm Erica Herskowitz.

President Trump's proposed board of peace has gotten off to a rough start.

Questioned by Europe, criticized by Israel and celebrated by friends of the Kremlin.

Francis Emmanuel Macron, for one, has come right out of the gate to decline an invitation, which, according to the Kremlin, was also extended to Russian President Vladimir Putin.

Trump is demanding that nations pay a billion dollars for permanent membership on the board, which was conceived last year as a Trump-headed body to oversee the redevelopment of post-war Gaza.