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...Phillips meanwhile has announced it will offer three works by Jean-Michel Basquiat from the collection of the anthropologist Francesco Pellizzi, who died last year....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...The fact that the rises are small and that this is not the Federal Reserve’s preferred measure of inflation is not enough to negate the signal, especially combined with this week’s gangbusters US retail...
...core CPI is running north of 4 per cent, and the longer term averages aren’t far behind: It’s not quite as bad as the chart above suggests, because personal consumption expenditure inflation, which the Federal...
...On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
And a reply to Dara Khosrowshahi
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
...PBMs face increasing pressure from the Federal Trade Commission, the US antitrust regulator, and bipartisan legislation in the works aimed at encouraging the uptake of biosimilars....
...That’s because the works of contemporary artists such as Warhol and Jean-Michel Basquiat could now become collateral for half a billion dollars of asset-backed securities, alongside paintings by old masters...
...Last year a federal judge blocked Montana from banning the app on devices in the state before it could go into effect, with the judge saying the ban probably violated the first amendment right to free speech...
...However, the bill was blocked by a federal judge in November before it was due to take effect on January 1. Montana is appealing against the decision....
And two more stocks of interest
...Eight years later, after his federal trial concluded, he stands convicted of a civil insider trading charge. Panuwat’s company, Medivation, was bought in 2016 by Pfizer for $14bn....
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...FTC tries to prevent ‘accessible luxury’ dominance The US Federal Trade Commission is cracking down on Big Purse....
...The Morgan Stanley report gets to the heart of why the justice department and Federal Trade Commission often miss their targets....
...Wednesday’s fall was the biggest daily decline since the collapse of Silicon Valley Bank in March, following what investors saw as dovish remarks by US Federal Reserve chair Jay Powell....
...The case turns on a legal stipulation that bars the sale of “investment contracts” unless they are registered as securities with federal regulators....
...The practice was already adopted by the federal judge overseeing cases brought by E Jean Carroll, who claimed she was raped by Trump in the 1990s and subsequently defamed by him....
...A trial is ongoing in a separate federal case over the Alphabet-owned company’s market power for internet search....
...The decision by the justices not to hear the appeal will leave intact a lower-court ruling that rejected Epic’s claims that Apple had broken federal antitrust law with policies in its App Store that extracted...
...Sistani made waves in the weight management industry last year with an acquisition that took the company Jean Nidetch launched in 1963 to run weight-loss support groups into the business of dispensing anti-obesity...
...The Federal Reserve has been holding its benchmark interest rate at a 22-year high since July, but borrowers in convertible markets have been able to raise funds at much lower interest rates with relatively...
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