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Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Read full article: Maker of Coach handbags calls off merger with company that produces Michael Kors accessoriesFashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to overcome an antitrust challenge within an acceptable time frame.
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Read full article: Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion mergerTapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and Michael Kors handbags, according to a court filing Monday.
Milton damages the roof of the Rays' stadium and forces NBA preseason game to be called off
Read full article: Milton damages the roof of the Rays' stadium and forces NBA preseason game to be called offThe fabric roof over the home of baseball’s Tampa Bay Rays was ripped to shreds after Hurricane Milton came ashore in Florida, bringing wind gusts exceeding 100 mph and flooding parts of the state.
Biden administration provides $504 million to support 12 technology hubs nationwide
Read full article: Biden administration provides $504 million to support 12 technology hubs nationwideThe Biden administration says it's providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations.
The largest fresh egg producer in the US has found bird flu in chickens at Texas and Michigan plants
Read full article: The largest fresh egg producer in the US has found bird flu in chickens at Texas and Michigan plantsThe largest fresh egg producer in the U.S. says it has stopped production at a plant in the Texas Panhandle after bird flu was found in the flock.
China says it would welcome a visit by US commerce secretary after imposition of investment controls
Read full article: China says it would welcome a visit by US commerce secretary after imposition of investment controlsChina says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies.
Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal
Read full article: Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion dealTapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings.
US, Chinese trade officials express concern about each other's restrictions
Read full article: US, Chinese trade officials express concern about each other's restrictionsCommerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, have expressed concern about policies of each other’s governments following Chinese raids on consulting firms and U.S. restrictions on exports of semiconductor technology.
UP becomes second railroad to drop push for one-person crews
Read full article: UP becomes second railroad to drop push for one-person crewsUnion Pacific has become the second major freight railroad in the past week to back away from the industry's longstanding push to cut train crews down to one person as lawmakers and regulators increasingly focus on rail safety following last month's fiery derailment in Ohio.
AP Interview: Emmert says poor communication led to inequity
Read full article: AP Interview: Emmert says poor communication led to inequity“Clearly we should have had better communication between my teams,” Emmert said in a 30-minute interview with The Associated Press on Friday. "Clearly we should have really had a better focus on a number of those details that are hardly details, but are really, really important. “We dropped the ball in San Antonio in the women’s basketball tournament,” Emmert said. Emmert said the popular nickname could be used for the women's tournament if organizers and those who support the game want it. “The mark March Madness isn’t exclusively the men’s basketball mark and it wasn’t intended in that context,” he said.
US agencies hacked in monthslong global cyberspying campaign
Read full article: US agencies hacked in monthslong global cyberspying campaignThe threat apparently came from the same cyberespionage campaign that has afflicted FireEye, foreign governments and major corporations, and the FBI was investigating. FireEye’s customers include federal, state and local governments and top global corporations. Cybersecurity experts said last week that they considered Russian state hackers to be the main suspect in the FireEye hack. Federal government agencies have long been attractive targets for foreign hackers. “I suspect that there’s a number of other (federal) agencies we’re going to hear from this week that have also been hit,” Williams added.
AP Interview: Emmert says NCAA must stay open to reform
Read full article: AP Interview: Emmert says NCAA must stay open to reformFILE - In this Feb. 11, 2020, file photo, NCAA President Mark Emmert testifies during a Senate Commerce subcommittee hearing on intercollegiate athlete compensation on Capitol Hill in Washington. And the sporting world hasn’t collapsed,” Emmert told AP. It recommended the creation of the National College Football Association, an independent body to oversee FBS. Major college football, the commission concluded, has created inequities across all NCAA sports and hinder the association's ability to govern equitably. Emmert called the recommendation “exactly the wrong thing to do.” He told AP he agrees football has "an outsized influence” over college sports.
What’s News Today: Casino employment, road work
Read full article: What’s News Today: Casino employment, road workToday’s session begins at 5:30 p.m.Lynchburg City Council will meet in closed session today to discuss a contract with a recruitment company, in its search for a city manager. The U. S. Forest Service holds a virtual public meeting today about Oak and Woodland restoration project. The Roanoke City School Board will hold a special meeting today. Virginia’s first electric school buses roll out today. Fifty school buses will be delivered to school districts across the Commonwealth this year as part of Dominion Energy’s Electric School Bus program.
Need some income as pandemic continues to unfold? Here are jobs that are more in-demand than ever
Read full article: Need some income as pandemic continues to unfold? Here are jobs that are more in-demand than everThere are many jobs that are high in demand during the coronavirus pandemic, which, at the very least, can be a short-term Band-Aid to the financial worries people have. Here are some jobs in which people can make some cash, right now:Delivery driversYou could drive for a number of companies right now. With the pandemic further driving online retail sales, employees who can deliver those increased orders for companies are like gold right now. Grocery store helpThis isn’t much of a revelation, especially for those who have waited in long lines and seen empty shelves at grocery stores in recent weeks. Did we miss any other jobs that have grown in demand in the wake of the coronavirus pandemic?
US broadens Huawei blacklist but extends limited reprieve
Read full article: US broadens Huawei blacklist but extends limited reprieveAt the same time, Commerce said it was renewing a temporary general license that permits companies in the United States to do business with Huawei on a limited basis, such as to provide security updates to Huawei devices. On Sunday, Trump tweeted that the United States is "doing very well with China, and talking!" The United States has long argued that Huawei poses a national security threat, and has claimed Beijing can use the company's products to spy on other nations. Huawei smartphones run on Google's Android operating system and come with popular apps like Google Maps and Gmail. Without access to Google services, Huawei's devices become a lot less attractive to users outside of China.