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.
Sectors
UK Government Faces Pressure to Address Housing Crisis Ahead of Elections
The housing shortage crisis in Britain, with a deficit of 4.3 million homes, takes precedence in the lead-up to an anticipated general election, prompting major political parties to address it while balancing concerns about landscape preservation and planning laws.
iPhone Sales Plummet in China While Huawei Reigns Supreme in Q1
In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 series.
Google Executive Advises Staff to 'Move Within Shorter Timelines' Due to New Market Realities
In a recent meeting at Google's headquarters, Google Senior VP and Search head Prabhakar Raghavan warned employees of a "new operating reality," imposing shorter deadlines to move faster.
UnitedHealth Admits Paying Off Hackers After 'Substantial' Patient Data Was Compromised in Change Healthcare Cyberattack
UnitedHealth Group has admitted that it had paid hackers following the cyberattack on its subsidiary Change Healthcare.
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JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.
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.
Over 100 Northern California nurses protested Kaiser San Francisco Medical Center, arguing the hospital is adopting untested AI that might hurt patients.
When you go out to eat at your favorite establishment, you don't think about the mind-blowing amount of logistics that go into getting your favorite six ingredient cocktail made and served, or your favorite dish with five components. And why should you? It's your favorite restaurant for a reason—great food and drinks, exceptional service—they make it look easy. But it isn't easy, ask any restaurateur.
The bill proposes a 3.2% recycling fee on most electronics at purchase, except for phones, to enable free recycling services and tackle the growing problem of electronic waste.
Huw Edwards had been the BBC's leading presenter throughout major events such as Queen Elizabeth II's death and funeral, but was suspended in July 2023 after charges surfaced.
A $12 billion high-speed rail project connecting Las Vegas and Los Angeles started building on Monday, April 22.
Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is stepping down from his role at the company.
The law allows landowners near large cities to request exemption from city environmental regulations.
