FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers

FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers

The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.


JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion

JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.

Donald Trump Urges 'Young Voters' to Blame Joe Biden if TikTok Gets Banned in the US

Former President Donald Trump said Monday that President Joe Biden would be the one responsible if TikTok is banned in the US as he was "pushing" for it.

San Francisco Nurses March to Oppose Hospitals’ Use of Unproven AI That Might Harm Patients

Over 100 Northern California nurses protested Kaiser San Francisco Medical Center, arguing the hospital is adopting untested AI that might hurt patients.


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FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge
The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands.
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