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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 - 12 hours ago -
How the Taliban are erasing Afghanistan’s women – photo essay
The journalist Mélissa Cornet and the photographer Kiana Hayeri met more than 100 Afghan girls and women in seven provinces, and found resistance and defiance but also despair. Earlier this year, I ...World - The Guardian - Yesterday -
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 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 - 11 hours ago -
Jets beat Texans as Wilson’s stunning grab erases Corley’s Halloween howler
Jets snap five-game skid with 21-13 win over Texans Wilson’s one-handed touchdown catch lifts New York Corley’s blunder costs Jets touchdown in first half Garrett Wilson made a dazzling ...World - The Guardian - November 1 -
After Deadly Car Rampage, Chinese Officials Try to Erase Any Hint of It
Flowers left at the site of the attack, which killed at least 35 people, were quickly removed. Censors deleted videos, articles and comments about it.World - The New York Times - Yesterday -
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 -
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 - 16 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 - 17 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 - 17 hours ago -
‘Israel is trying to erase our presence’: Palestinians say ‘generals’ plan’ to clear north Gaza is under way
Many believe new offensive, along with tightening of siege, is following blueprint for removing remaining population. Hospitals shelled, shelters set alight, men and boys separated from their ...World - The Guardian - October 26 -
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
