Microsoft under fire: FTC launches antitrust probe targeting cloud dominance
The US Federal Trade Commission (FTC) has escalated its scrutiny of Big Tech by initiating a sweeping antitrust investigation into Microsoft Corporation. The move, authorized ... Read More
Tapestry cancels $8.5bn Capri merger following FTC roadblock
In a seismic shift for the U.S. luxury market, Tapestry Inc. has terminated its ambitious $8.5 billion acquisition of Capri Holdings, a bid that would ... Read More
Capri Holdings shares plunge 50% as judge halts $8.5bn merger with Tapestry
In a significant setback for Capri Holdings, the company’s stock nosedived by 50% after a U.S. federal judge blocked its $8.5 billion merger with Tapestry. ... Read More
WillScot Mobile Mini and McGrath RentCorp abandon $3.8bn deal after facing regulatory challenges
In a sudden turn of events, WillScot Mobile Mini Holdings Corp and McGrath RentCorp have officially terminated their highly anticipated $3.8 billion merger deal. The ... Read More
Kroger stock jumps after strong profit report; CEO sees cautious spending among affluent customers
Kroger Co. saw its stock price surge 6% after the company posted better-than-expected profit results for the second quarter. Despite an economic environment marked by ... Read More