FTC blocks Tempur Sealy's $4 billion purchase of Mattress Firm
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The Wall Street Journal - World
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter's kidney-care spinoff Vantive for more $4 billion, including debt.
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter’s kidney-care spinoff Vantive for more $4 billion, including debt. -
The Wall Street Journal - World
FTC Noncompete Rule Is in Limbo
Uncertainty is rising over whether employers can require workers to sign noncompete agreements following legal challenges in two states to the Federal Trade Commission ban that is set to take effect in September. -
Wired - Tech
23 Best Fourth of July Mattress Deals (2024)
Mattress sales aren't just a President's Day or Memorial Day thing anymore. You can score a WIRED-tested mattress at a great price right now. -
CBS News - Top stories
Best Fourth of July mattress deals to shop this weekend
Refresh your bedroom with a new mattress with one of these must-see Fourth of July deals. -
Financial Times - Business
Tesla cars put on local Chinese government’s purchase list for first time
Announcement comes as Elon Musk’s group faces increasing competition in world’s largest car marketTesla -
The Hill - Politics
Federal judge issues narrow pause on FTC noncompete ban
A federal judge on Wednesday granted a preliminary injunction on a nationwide ban on noncompete agreements issued this spring, calling into question its future in the face of opposition by prominent business groups. The Dallas-based tax firm Ryan ... -
The Hill - Politics
The FTC should throw out its ‘junk fees’ rule and start over
The intent of the FTC’s new proposed rule is to bolster price transparency for consumers and restrain business, but its effect will be clear: higher prices, more regulation and fewer options for consumers. -
The Wall Street Journal - World
Wages Are Rising at Small Firms, But Employment Isn't
The latest NFIB report finds a cooling labor market. -
Inc. - Business
AI Firms Seek Multibillion-Dollar Valuations
A pair of artificial intelligence firms are currently raising funds. Runway seeks $4 billion valuation, and Magic nets$1.5 billion value as investors make commitments.Artificial Intelligence -
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The Wall Street Journal - World
Your Old Clothes Are Worth Billions
Secondhand apparel retail is a booming business, but turning a profit is harder than it sounds. -
ABC News - World
EU commission approves Lufthansa purchase of long-troubled Italian airline ITA, with conditions
The European Commission has approved Lufthansa’s takeover of Italian airline ITA with conditions to protect competitionEuropean Union -
Yahoo Sports - Sports
Disney CEO Bob Iger and Willow Bay close to purchasing controlling stake in NWSL club Angel City FC: Reports
Iger and Bay will replace Reddit co-founder Alexis Ohanian as majority owner of the team, which is worth a reported $300 million. -
The Wall Street Journal - World
Ardian Backs Human Resources Firm HR Path in Return Engagement
Multistrategy fund manager Ardian is returning as an investor in HR Path with a commitment of as much as €250 million, or about $268.5 million, to help the human resources consulting firm accelerate its international expansion. -
BBC News - Top stories
Water firms could be sued over sewage after ruling
Owners of adjacent waterways or even members of the public could now bring action over sewage pollution. -
The Hill - Politics
Judge blocks Biden administration's new transgender health protections
A federal judge on Wednesday temporarily blocked enforcement of a new Biden administration rule bolstering health care protections for LGBTQ people, handing a preliminary legal victory to more than a dozen Republican-led states that challenged it ...Joe Biden -
ABC News - Health
Judge temporarily blocks Biden's restoration of transgender health protections
A federal district court judge has temporarily halted parts of a nondiscrimination rule that would have kept insurers and medical professionals from denying hormone therapy, gender transition surgeries and similar medical care for transgender peopleJoe Biden -
The Hill - Politics
Arkansas group collects enough signatures for ballot measure blocking abortion bans
An Arkansas organization announced Friday it has collected more than enough signatures to place a measure on the ballot this year that would ensure abortion access up to 18 weeks in the state. Arkansans for Limited Government said it will deliver ...Abortion -
NBC News - Top stories
2 killed, 17 others injured in a shooting at Detroit block party
Two people were killed and 17 others were injured in a shooting during a block party in Detroit, Michigan early Sunday morning. -
Inc. - Business
Gig Work Company Settles With FTC for $7 Million Over Misleading Employees About Pay
"Operating in the 'gig' economy is no license for evading the law," Federal Trade Commission head Lina Khan tells Arise Virtual Solutions. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
CNBC - Business
Wall Street firm gets it right with Best Buy call, plus Eli Lilly shares move up
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. -
CNBC - Business
Hong Kong's IPO market is finally starting to turn around, consulting firm EY says
The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, said George Chan, global IPO leader at EY. -
MarketWatch - Business
Continental AG shares jump 10% as German firm predicts boost from China
Continental AG told analysts that it expects to achieve higher margins in the second quarter of 2024 compared to the first quarter of the yearChina -
The Guardian - World
South Africa hold firm to seal narrow win over Ireland in pulsating first Test
South Africa 27-20 IrelandLate tries from Murray and Baird not enough for touristsThe Ireland wing James Lowe went from hero to zero as the world champions, South Africa, underlined their status as Test rugby’s top-ranked nation with a gripping ... -
NBC News - Top stories
Judge blocks Biden administration rule against gender identity discrimination in health care
A U.S. judge on Wednesday blocked the Biden administration from enforcing a new rule against discrimination on the basis of gender identity in health care.Joe Biden -
ABC News - World
Military leaders of Niger, Mali and Burkina Faso rule out returning to the ECOWAS regional bloc
Military junta leaders of Niger, Mali and Burkina Faso have ruled out returning their nations to the West Africa regional bloc whose division could further jeopardize efforts to undo coups and curb violence spreading across the region -
ABC News - World
Israeli protesters block highways, call for cease-fire as war marks 9 months
Marking nine months since the war in Gaza started, Israeli protesters blocked highways across the country calling on Prime Minister Benjamin Netanyahu to step down and pushing for a cease-fire that could bring back hostages held by HamasIsrael -
NBC News - Top stories
Israeli protesters block highways, call for cease-fire to bring back hostages as war marks 9 months
Marking nine months since the war in Gaza started, Israeli protesters blocked highways across the country Sunday, calling on Prime Minister Benjamin Netanyahu to step down and pushing for a cease-fire that could bring back the hostages held by Hamas.Israel -
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CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
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The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
The Wall Street Journal - Business
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -
MarketWatch - Business
CureVac’s stock soars on GSK’s $1.56 billion deal for its COVID-19 and flu vaccines
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19. -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
CNBC - Business
Romance scams cost consumers $1.14 billion last year. It's a 'more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here's how to spot it and cut ties as soon as you can.