Capri and Tapestry abandon plans to merge, citing regulatory hurdles

The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.

Business - CNBC - 10 hours ago

Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the ...

Business - The New York Times - 6 hours ago

Tapestry-Capri Fashion Merger Is Blocked by Judge

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.

Business - The New York Times - October 24

China borrows almost as cheaply as US in return to dollar bond market

Investors place nearly $40bn of orders to buy $2bn of bonds issued by China’s finance ministry

Business - Financial Times - 11 hours ago

Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal

Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Business - MarketWatch - 7 hours ago

Tapestry, Capri End Merger Hopes Amid Legal Uncertainty

Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.

Business - The Wall Street Journal - 12 hours ago

Do I have enough money to retire? Ask yourself these 3 questions to assess whether you're ready

Do you have enough money to retire? Asking yourself several questions can help assess your financial readiness, expert said.

Business - CNBC - October 24

Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri

The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.

Business - CNBC - October 25

Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Business - MarketWatch - October 25

Russia Explores Plan to Merge Oil Giants Into Mega Producer

The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.

World - The Wall Street Journal - 5 days ago

Zelenskyy's 'victory plan' includes a big hurdle for the West: NATO membership

President Volodymyr Zelenskyy has told lawmakers that Ukraine’s Western partners are increasing pressure to negotiate with Russia, but he hinted such talks would be unfavorable to Kyiv as he ...

World - ABC News - October 16

Turnovers crush Warriors as they abandon pregame plan vs. Clippers

The Golden State Warriors failed to take care of the ball in their loss to the Los Angeles Clippers on Sunday night.

Sports - Yahoo Sports - October 28

Ukrainian President Zelenskyy says his 'victory plan' includes what is a big hurdle for the West: NATO membership

World - ABC News - October 16

Differentiable Adaptive Merging is accelerating SLMs for enterprises

New research details a novel approach to model merging that could help to improve enterprise AI deployments.

Tech - VentureBeat - October 23

Herbert Smith Freehills to merge with Kramer Levin

Combination comes amid wave of deals and will create one of top-20 legal groups globally

Business - Financial Times - 3 days ago

Lobbying World: S-3 Group and West Front Strategies merge

S-3 Group and West Front Strategies on Wednesday announced their merger. The firms, which brought in a combined $15 million in federal lobbying revenue in the first nine months of 2024, will ...

Politics - The Hill - October 31

Constellation Navigates Regulatory Setback in Quest for Data Centers at Power Plants

As AI’s incredible power needs grow, the Federal Energy Regulatory Commission’s rejection of a bid to boost an Amazon data center’s capacity may have far-reaching implications.

Business - Inc. - November 5

LeBron James' SpringHill Co., 'Kardashians' producer in talks to merge

LeBron James' production company the SpringHill Co. is reportedly in talks to merge with Fulwell 73, the London-based studio behind 'The Kardashians.'

Entertainment - Los Angeles Times - November 5

Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.

Business - MarketWatch - November 6

Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.

Business - MarketWatch - 2 days ago

18 states sue SEC, Gensler for 'regulatory overreach' on crypto

Eighteen Republican attorneys general sued the Securities and Exchange Commission (SEC) and Chair Gary Gensler on Thursday for allegedly overstepping the agency’s authority in its enforcement ...

Politics - The Hill - 2 hours ago

TE's repeat ACL tear latest hurdle for Cowboys

Cowboys tight end John Stephens Jr. suffered a torn anterior cruciate ligament in his left knee for the second straight year.

Sports - ESPN - October 24

Ravens' defense is biggest hurdle in championship hunt

Sunday was Baltimore's eighth loss when leading inside the final two minutes since the 2022 season began.

Sports - ESPN - October 28

Saquon Barkley’s Backwards Hurdle Leaves Fans in Disbelief

The Eagles star pulled off a jaw-dropping move that quickly went viral.

Sports - The New York Times - November 4

Barkley's reverse hurdle leaves Eagles 'speechless'

Nick Sirianni called Saquon Barkley's reverse hurdle over a defender in Sunday's win over the Jaguars "the best play I've ever seen."

Sports - ESPN - November 4

'The kid is special!' - Barkley completes incredible reverse hurdle

Watch as Philadelphia Eagles running back Saquon Barkley reverse hurdles over Jacksonville Jaguars' Jarrian Jones in what head coach Nick Sirianni says was the best play he has ever seen.

Are Black voters abandoning the Democratic party? | Steve Phillips

Polls that show Kamala Harris losing Black support have Democrats in a panic. The reality is more complicated. Are Black voters gravitating towards Donald Trump in meaningful numbers? Recent polls ...

World - The Guardian - October 17

Bernie Sanders Is Wrong That Democrats Abandoned the Working Class

The party’s record is clear and strong.

Top stories - The New York Times - 2 days ago

Michael Kors owner Capri’s shares crater after $8.5bn merger blocked

Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competition

Business - Financial Times - October 25

Starmer claims people with shares do not count as ‘working people’

Labour’s manifesto pledges on tax are coming under increasing scrutiny ahead of the Budget

Business - Financial Times - October 24

Tapestry’s stock climbs on sales and earnings beat, raised outlook

Tapestry’s first-quarter revenue was fueled by topline growth at Coach.

Business - MarketWatch - November 7

UVA's Bennett cites state of game for retirement

Tony Bennett cited the current environment in college basketball as a reason for his abrupt retirement as Virginia coach.

Sports - ESPN - October 19

Here are the key factors cited for the Menendez brothers' resentencing

Los Angeles DA George Gascón announced that the Menendez brothers will be eligible for resentencing after nearly 30 years in prison. NBC News' Laura Jarrett reports that Gascón cites the alleged ...

Voters cite the economy as a top issue on Election Day

The U.S. economy is being named a top issue in the 2024 election with voters citing concerns about inflation and high prices. NBC News’ Brian Cheung and Jonathan Allen break down how important the ...

Samuel cites frustration for 49ers sideline dispute

San Francisco receiver Deebo Samuel said he confronted kicker Jake Moody after his third missed field goal Sunday because he was "just frustrated in the heat of battle."

Sports - ESPN - 3 days ago

Badgers' Del Rio to resign after crash, OWI arrest

Jack Del Rio, the senior adviser to Wisconsin football coach Luke Fickell, will resign after he was arrested and cited for operating a vehicle while intoxicated.

Sports - ESPN - 2 days ago

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