European Record Set as Gustav Klimt’s Lady with a Fan Sells for $108M

In a historic moment for the art world, the late-life masterpiece by iconic Austrian artist Gustav Klimt, titled “Dame mit Fächer” or “Lady with a Fan,” has been sold at Sotheby’s in London for an astounding $108.4 million. This sale sets a new record for the most expensive artwork ever auctioned in Europe, adding another …

Read more

Franchisees’ Subway Stores at Risk of Closure Due to Poor Conditions.

Subway is pressuring some franchisees to spend up to $100,000 on remodeling their stores and is threatening to terminate their contracts if they fail to do so, according to sources. The move comes as the struggling fast-food giant attempts to sell itself, facing difficulties in attracting larger franchisees and buyers who are wary of bearing …

Read more