CRAFT

Hanneli Rupert, identified as the Richemont scion, is focusing on creating a 'Davos for craft.' Her efforts are specifically directed at transforming Homo Faber into a design powerhouse.

China's CRAFT 'artificial sun' project has activated the world's largest superconducting magnet, consisting of a toroidal-field magnet and central solenoid, passing final tests and surpassing international benchmarks. This achievement by the Institute of Plasma Physics, Chinese Academy of Sciences, clears a major engineering hurdle for nuclear fusion research.

First-time private jet buyers are opting for larger, more expensive aircraft instead of smaller models, driven by wealth from AI and tech sectors. Craft CEO Israel Slodowitz warns of a potential jet shortage as demand outpaces supply.

Tom Colicchio's NYC restaurant Craft, credited with raising the bar for fine dining, will close after 25 years in Flatiron on June 27. The announcement was made via a social media post by the chef.