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...The group does not own or operate gyms itself, but allows members to use in-person sports facilities as well as digital offerings like online classes and personal trainers....
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
...On Tuesday, the antitrust regulator sued to block an $8.5bn tie-up between the owners of Michael Kors and Coach, saying the deal would end “head-to-head” competition between the groups’ brands, which specialise...
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...In 2021, she hired a gruff Texan and former NFL tight end Dan Campbell to coach the Lions....
...They were forced off the coach by armed masked men and into five vans, she said....
...Trade group Airlines for America said that carriers “offer transparency and vast choice to consumers”, and that average domestic round-trip fares, including with ancillary fees added, were 14 per cent lower...
...Bank of America, Barclays, Citigroup, Jump Trading, JPMorgan Chase, Morgan Stanley, Tower Research Capital and Wells Fargo are also investing in FMX....
...lawsuits, including against Apple and Netflix and one against payments company Klarna, which it accused of unfairly withholding €400,000 owed in exchange for Escobar-branded mobile phones sold on the fintech group...
...Luxury group Tapestry cut its full-year sales outlook on weak demand, just months after it agreed an $8.5bn deal for the owner of Versace and Michael Kors....
...I got to know Tyler Cowen — perhaps America’s most original economist — nearly fifteen years ago when he published his viral monograph, The Great Stagnation....
...Before meeting Musk, the president, who has expressed a spiritual interest in Judaism, travelled to Miami, where he was honoured as “an international ambassador of light” by a Jewish community group for...
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...Ellison and Redstone — members of two of America’s wealthiest families — have been trying for months to reach a deal that would merge Paramount with Skydance....
...Inchcape warned last month that demand in its South Americas market this year was likely to be towards historic lows, as inflation and interest rates have continued to drag on household finances....
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...This group briefly considered an option to domicile Tesla outside the US, but then drew up a shortlist of 10 states, before whittling the options down to Texas and Delaware....
...Tired of raids by local bandits, the farmers of a poor Mexican village hire a group of gunslingers from across the US border to protect them....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...“[Yass] did what he had to do, but there is nothing one financier can do in the face of America’s overarching aim of containing China.” Additional reporting by Nian Liu in Beijing...
...New York-based Tapestry, which owns the Coach, Kate Spade and Stuart Weitzman brands, said it would pay $57 a share for Capri, almost 60 per cent above the average price over the past 30 days....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
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