Latest in Merger Makers
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Business - The New York Times
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.21 hours ago -
Tech - Wired
Best Nut Milk Makers We’ve Tested and Reviewed (2024)
These cow-replacing machines turn nuts, oats, and other plants into milk quickly, easily, and automatically.Yesterday -
Tech - Wired
The Maker of Ozempic Is Trying to Block Compounded Versions of Its Blockbuster Drug
Novo Nordisk has asked the FDA to block production of compounded copies of Ozempic, arguing that it’s too difficult to do safely. It’s the latest escalation in a brewing war between pharmaceutical ...2 days ago -
Business - Financial Times
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 competition6 hours ago -
Top stories - CBS News
Merger between makers of Coach and Michael Kors handbags halted by judge
Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.8 hours ago -
Business - MarketWatch
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.20 hours ago -
Business - Financial Times
Boeing reports $6bn loss as chief faults ‘serious performance lapses’
Kelly Ortberg calls for cultural change ahead of union vote on whether to end six-week strike2 days ago -
Top stories - CBS News
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.2 days ago -
Business - The Wall Street Journal
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.2 days ago - Travel -
Business - The Wall Street Journal
Lysol Maker Reckitt Benckiser Beats Views as Easing Prices Draw Shoppers
Lysol maker Reckitt Benckiser’s revenue fell by less than expected in the third quarter as declines in sales volumes eased, and confirmed its targets for the full year.2 days ago -
Business - MarketWatch
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.2 days ago -
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Business - MarketWatch
Tesla earnings are the ‘next big thing’ for the EV maker as it tries to be magnificent again
Tesla’s stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.3 days ago -
Top stories - BBC News
Blade Runner 2049 maker sues Musk over robotaxi images
Alcon Entertainment says it denied a request to use material from the film at the Tesla cybercab event.3 days ago - Elon Musk -
Politics - The Hill
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, ...4 days ago -
Business - Inc.
Here’s Why Drone Maker DJI Sued the Pentagon
The China-based maker of more than half of all commercial drones in the U.S. went to court to fight its placement on a list of companies said to be working with the Chinese military.4 days ago -
Sports - Yahoo Sports
Drake Maye became second QB ever to achieve this feat since NFL merger
Sunday's loss in London was a bad one for the Patriots, but rookie quarterback Drake Maye did make some NFL history (in a good way).4 days ago - NFL -
Business - MarketWatch
Starboard reportedly takes big stake in Tylenol maker Kenvue
Activist investor Starboard Value has taken a sizeable stake in Kenvue, the maker of Tylenol and Listerine, and is seeking changes, according to reports Sunday night.4 days ago -
Business - Financial Times
Boeing workers to vote on ending strike in critical week for plane maker
Union members to consider offer on Wednesday that could restart production stalled for more than a month5 days ago -
Business - The Wall Street Journal
Boeing's CEO Is Shrinking the Jet Maker to Stop Its Crisis From Spiraling
A strike by its machinists union could end soon, but the company remains in a perilous financial position.5 days ago -
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Business - CNBC
Embraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.6 days ago -
Business - CNBC
Watch maker Patek Philippe launches first new collection in 25 years
The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.October 18 -
Top stories - NBC News
Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC.October 18 -
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Sports - Yahoo Sports
Truck maker Volvo's Q3 adjusted profit falls more than expected
Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...October 18 -
Business - Financial Times
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remainOctober 18 -
Business - The Wall Street Journal
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.October 17 -
Business - MarketWatch
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.October 17 -
Business - The Wall Street Journal
Ski-Doo Maker BRP Looks to Shed Struggling Marine Brands
Sea-Doo and Ski-Doo maker BRP said it intends to sell off the majority of its marine businesses, which have been weighed down by softer consumer demand, to focus on powersports products such as ...October 17 -
Business - The Wall Street Journal
AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC
The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.October 17 -
Business - The Wall Street Journal
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.October 17 -
World - The Guardian
Alienation effect: why film-makers can’t get enough of Franz Kafka
A string of auteur directors – from Orson Welles to Steven Soderbergh to Lorenza Mazzetti – have fallen for Kafka’s visionary brilliance, with always-intriguing results. There are director’s cuts, ...October 16 -
Business - MarketWatch
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024October 16 -
Tech - GameSpot
Microsoft Settles Lawsuit With Gamers Over Activision Blizzard Merger
When Microsoft announced its plans to buy Activision Blizzard in 2022 , it set off multiple lawsuits including a battle with the FTC that attempted to block the deal. Microsoft triumphed in that ...October 15 - Microsoft -
Business - MarketWatch
ASML’s stock tumbles after microchip equipment maker warns of slower recovery
ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.October 15 -
Top stories - BBC News
Pokémon maker confirms it was victim of hack
The makers of the hit video game series confirm their servers were accessed by hackers over summer.October 14