Latest in Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
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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 - 14 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 - 8 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 -
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 - 9 hours ago -
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 -
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 - 13 hours ago -
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 ministryBusiness - Financial Times - 14 hours 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 competitionBusiness - Financial Times - October 25 -
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 -
Trump’s election victory throws uncertainty into legal cases he faces
Federal proceedings against him will likely wither, and his state felony sentencing now faces a doubtful future. US election 2024 – latest updates US election results 2024: live map and ...World - The Guardian - November 6 -
Nippon Steel spends whopping $1.3M on lobbying amid merger threat
The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...Politics - The Hill - October 21 -
European Leaders Meet Amid Trump Victory and Global Uncertainty
Leaders from across Europe and beyond gathered to discuss the war in Ukraine, immigration and plans for a second Trump presidency.World - The New York Times - November 7 -
New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty
Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.Business - Inc. - November 7 -
Arm cancels Qualcomm’s chip design licence amid legal dispute
The SoftBank-backed company is battling the US semiconductor maker over royalty paymentsBusiness - Financial Times - October 23 -
RNC is leading the legal charge for Trump amid echoes of 2020 election chaos
When a local Republican official in Georgia filed a lawsuit this year declaring that election boards did not have a duty to certify results, the lawyer she turned to was part of the legal team who ...Top stories - NBC News - October 25 -
Trump's call to end birthright citizenship would kick-start a legal fight
When Donald Trump took office in 2017, he immediately issued a provocative executive order banning travel from Muslim-majority countries that led to chaos, confusion and a flurry of lawsuits that ...Politics - NBC News - 6 days ago -
Following success of MLB's big-spenders, smaller market teams try to counter amid RSN uncertainty
A remarkable era of parity in Major League Baseball hit a bit of a snag this October when the big-spending New York Yankees, Los Angeles Dodgers and New York Mets finished as three of the top four ...Sports - ABC News - November 7 -
Mets vs. Dodgers: The OMG Mets head into offseason of uncertainty as 2024 thrill ride comes to an end — 'It doesn't feel real'
While it ended in disappointment, this New York team accomplished something meaningful.Sports - Yahoo Sports - October 21 -
‘Ray of hope’: German economy grows 0.2% ending recession fears
Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending. Business live – latest updates Germany’s economy grew in the three months to ...World - The Guardian - October 30 -
Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.Business - The New York Times - October 31 -
Boeing’s bonds are offering juicy yields as hopes build for end to machinists strike
Boeing’s stock rose Friday on hopes for an end to a costly strike as members of its machinists union geared up for a third contract vote on Monday, but its bonds were also looking attractive.Business - MarketWatch - November 2 -
McLaren Gambled. It May Have Ended Their Formula 1 Title Hopes.
Lando Norris’s charge to overtake Max Verstappen could have met its unofficial end, a columnist for The Athletic writes.Sports - The New York Times - November 4 -
The end of Germany’s dysfunctional coalition offers Europe new hope
Paralysis in Berlin is a big reason the EU is ill-prepared for Donald Trump’s returnWorld - Financial Times - November 7 -
Jalen Hurts, Eagles seize first place in NFC East as Dak Prescott-less Cowboys endure another home horror show
Dallas' playoff hopes are all but lost after a hapless showing against Philadelphia.Sports - Yahoo Sports - 4 days ago -
Texas Supreme Court halts execution in 'shaken baby syndrome' death
Texas is preparing to put Roberson to death Thursday in what would be the nation's first execution involving a case of "shaken baby syndrome."Top stories - NBC News - October 18 -
Israel continues to bomb Gaza as hopes fade of Hamas leader’s death ending war
More than 60 deaths recorded in territory in past day as Israel launches more airstrikes and sends in more troops. Middle East crisis – live updates Israel has launched new airstrikes and sent ...World - The Guardian - October 18 -
Joe Biden says he hopes latest Israeli strike on Iran will end escalation
Iran’s military suggests it would prioritise an agreement to end fighting in Gaza and Lebanon over any retaliation . The US President Joe Biden said on Saturday he hopes Israel’s latest strikes on ...World - The Guardian - October 26 -
No. 15 Alabama blows out No. 21 Missouri to likely end Tigers' playoff hopes
Missouri's offense was wretched without QB Brady Cook.Sports - Yahoo Sports - October 26 -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - 4 hours ago -
John Grisham and Jim McCloskey call for an end to the death penalty amid Robert Roberson case
As Robert Roberson's execution is halted by the Texas Supreme Court, John Grisham and Jim McCloskey advocate for ending the death penalty. Their new book, "Framed," highlights 23 cases of wrongful ...Top stories - CBS News - October 22 -
Illegal border crossings remain low amid concerns that election could end lull
The last time monthly apprehensions were lower than the levels seen in the past four months was four years ago, in September 2020.Top stories - CBS News - November 1 -
Election Uncertainty Makes Some Employers Wary of Adding Jobs
Some employers say they have been wary to expand until the outcome of the presidential election is known.Business - The New York Times - November 1
