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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 - 9 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 - 21 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 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 -
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 - 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 -
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 -
‘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 -
Franz Rogowski is ready to soar
With his latest film, Bird, the German actor is in full flightBusiness - Financial Times - November 1 -
Stocks soar on Trump win
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump victory sends stocks, crypto soaring Stocks skyrocketed Wednesday after ...Politics - The Hill - November 6 -
Spanish growth soars as Eurozone stumbles
Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the USWorld - Financial Times - October 29 -
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 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Water regulator signals further increase to bills in England
Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investmentBusiness - Financial Times - October 22 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
US shares and Bitcoin hit record highs on Trump win
The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.Top stories - BBC News - November 6 -
Phunware’s stock soars on Donald Trump’s election victory
Shares of mobile-advertising company Phunware have soared in recent weeks.Business - MarketWatch - November 6 -
Stocks soar after decisive Trump victory
Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election.Top stories - NBC News - November 6 -
Trump, Senate GOP victories send markets soaring
Stocks roared out of the gate Wednesday morning following news that former President Trump has secured a second term in the White House and Republicans won a majority in the Senate. The Dow Jones ...Politics - The Hill - November 6 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.Business - MarketWatch - October 17 -
This Expert Says AI Efficiency Soars When it Uses Video to Crunch Numbers
The key to optimal chatbot use hinges on making the right prompt to get the AI to respond precisely. A researcher found out we may be doing it wrong.Business - Inc. - October 18 -
World Series ticket prices soaring ahead of Yankees-Dodgers matchup
The matchup between the New York Yankees and Los Angeles Dodgers has fans clamoring for World Series tickets, and that means prices are soaring.Top stories - NBC News - October 21 -
Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife
Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump.Business - The New York Times - October 23 -
Tokyo Metro Shares Soar in First Day of Trading for Century-Old Subway
Tokyo Metro had raised over $2 billion in one of Japan’s largest initial public offerings in years.Business - The New York Times - October 23 -
Senators take aim at big private equity landlords as rents soar
With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.Top stories - NBC News - October 24