Federal antitrust regulators are planning to file a lawsuit to block Coach parent Tapestry’s $8.5 billion bid to buy Michael Kors owner Capri, according to a report by New York Times Dealbook. The Federal Trade Commission (FTC) is expected to hold a meeting next week to discuss the case, which could lead the commissioners to hold a vote on filing the lawsuit — though the report noted that the agency may decide not to sue.The proposed merger would bring together top luxury brands including Tapestry’s Kate Spade and Stuart Weitzman with Capri’s Jimmy Choo and Versace. The companies received clearance…

Last updated: April 17, 2024 14:54 EDT | 4 min read Crypto Investors are Moving Funds into This Virtual Reality Project Before it Lists on Exchanges – What Does it Do? / Source: Cryptonews As cryptocurrency markets dip amid growing macro headwinds and as sentiment wanes amid slowing spot Bitcoin ETF inflows, crypto investors are moving funds into an exciting new virtual reality project called 5thScape (5SCAPE) ahead before it lists on exchanges.Bitcoin (BTC) is probing for a potential near-term break under $60,000. Ether (ETH), meanwhile, is knocking on the door of a possible break below $3,000. Both are down…

European foreign ministers are visiting Tel Aviv in order to persuade Prime Minister Netanyahu not to retaliate against the unprecedented Iranian bombings last Saturday. Of course, the Biden administration continues to pressure Israel to do nothing, and then along comes White House national security adviser Jake Sullivan with a statement yesterday announcing that new sanctions will be placed against Iran in the wake of the Israeli attack, and then, the Sullivan announcement was pathetic, a complete non-event, a total nothing-burger. He said that President Biden is “coordinating with allies and partners,” including the G7, and with bipartisan leaders in Congress,…

Toronto Raptors player Jontay Porter was banned for life from the NBA on Wednesday after a league probe found he disclosed confidential information to sports bettors and wagered on games, even betting on the Raptors to lose.Porter is the second person to be banned by Commissioner Adam Silver for violating league rules. The other was now-former Los Angeles Clippers owner Donald Sterling in 2014, shortly after Silver took office.In making the announcement, Silver called Porter’s actions “blatant.””There is nothing more important than protecting the integrity of NBA competition for our fans, our teams and everyone associated with our sport, which…

Whistleblowers accused aircraft manufacturing giant Boeing of knowingly putting out defective airplanes and discouraging employees from reporting safety concerns during testimony before a Senate committee on Wednesday.The hearing comes just months after a door plug flew off an Alaska Airlines Boeing 737 Max 9 mid-flight and forced an emergency landing. No one was killed, but the incident added to an already tumultuous record for the 737 Max that includes a pair of fatal crashes in 2018 and 2019 that left 346 people dead.Boeing quality engineer Sam Salehpour monitors production at the company and has spent years documenting safety concerns, he…

Capt. Zeita Merchant will relinquish command of Coast Guard Sector New York to Capt. Jonathan Andrechik Monday, during a change-of-command ceremony at the Richard Rodgers Theatre in Manhattan, home of Hamilton. Capt. Andrechik is currently the Sector New York deputy commander, a position he has held since June of 2023.Immediately following the formal change-of-command ceremony, Capt. Merchant will be promoted to the rank of rear admiral. Her promotion is a historic moment for the Coast Guard as she will be the first African American woman to achieve this rank in the nearly 234-year history of the military service.Following the change of…

LOS ANGELES — The California Attorney General declined to file criminal charges against a Los Angeles police officer who fired a rifle at a suspect inside a clothing store in 2021, killing a 14-year-old girl in a dressing room, authorities said Wednesday.Officer William Dorsey Jones Jr. fired three times when police responded to a Burlington clothing store in the San Fernando Valley where 24-year-old Daniel Elena Lopez had brutally attacked two women on Dec. 23, 2021.Valentina Orellana Peralta was shot and killed as she prayed in a dressing room with her mother. Jones also killed the suspect.The state Department of Justice investigates all police shootings where an unarmed person…

Last updated: April 17, 2024 15:22 EDT | 2 min read The Reserve Bank of New Zealand is exploring the potential of a central bank digital currency (CBDC), known as “Digital Cash,” to address declining cash usage and foster innovation in the payments sector. The Reserve Bank of New Zealand (RBNZ) has begun its public consultation on “Digital Cash,” a proposed central bank digital currency (CBDC), as disclosed in a consultation paper released by the central bank on April 17.The consultation is in its second stage and will last 101 days, between April 17 and July 26. After feedback and…

Authorities in Buffalo, New York, have launched a homicide investigation after the body of a missing 12-year-old boy was discovered in an attic on Friday, nearly four years after he was reported missing.A maintenance worker called Buffalo police Friday morning to report that he’d found a body ― later confirmed to be that of Jaylen Griffin ― in the attic of an apartment house where he was working, according to local NBC affiliate WGRZ.Jaylen was reportedly last seen on Aug. 4, 2020, when he left his home to go to a grocery store and never returned.Jaylen Griffin of Buffalo, New…

Salma Hayek knows her angles. Whether she’s donning a stetson to top off a–very on-trend–cowboy-inspired ensemble, or frolicking on a beach somewhere hot and fabulous, her Instagram page is a treasure trove of photos documenting a life well-lived and (it goes without saying) well-posed. Having previously acknowledged that her audience “like [her] bikini pictures the most”, when the opportunity arises, Salma tends to give the people what they want.Instagram contentThis content can also be viewed on the site it originates from.Yellow plunge bikinis, hot pink two-pieces, patchwork stringy numbers… Hayek has an impressive swimwear wardrobe, and the sort of next-level…

O.J. Simpson Jason Bean-Pool/Getty Images It’s been reported that the O.J. Simpson owed the Goldman family nearly $144 million at the time of his death. But the late football star’s lawyer claims that the debt is actually closer to $200 million — a sum the notorious NFL star’s estate won’t be able to pay. “California judgments are very simple. They double every 10 years,” the late Simpson’s attorney, Malcolm LaVergne, told Us Weekly exclusively on Tuesday, April 16. “Honestly, it’s closer to $200 million. I don’t know why they’re undervaluing it.” Simpson initially rose to fame as an NFL star…

An 11-year-old boy was killed when he crashed an all-terrain vehicle while riding on a neighbor’s property in the northern Maine town of Sangerville, wardens said.3 PENNSYLVANIA CONSTRUCTION WORKERS DEAD AFTER BEING HIT BY TRUCK ON I-83The neighbor went looking for the boy and found him unresponsive with the ATV on top of him at about 4:15 p.m. Tuesday, said Mark Latti, a spokesperson for the Maine Department of Inland Fisheries and Wildlife. No one, including first responders, was able to revive him. The boy, whose name wasn’t released, had previously ridden the ATV, which was owned by a family…

An elephant named Viola recently caused chaos in Butte, Montana, after escaping a circus and roaming the streets on her own.Astonishing video shows the Asian elephant casually walking through a four-lane road in Butte on Tuesday, dodging moving cars on her way towards a casino building.Eyewitness Matayah Smith told Fox News Digital that she was in her car with her husband when she first noticed the majestic creature. She said her husband had alerted her to the elephant.”My initial reaction was that my husband had lost his mind, then when I looked up, it was [a] surprise,” she said. POLICE OFFICER…

Sen. Eric Schmitt, R-Mo., had a tense exchange Wednesday with President Biden’s energy secretary, Jennifer Granholm, whom he accused of coordinating the release of U.S. emergency oil reserves with China. During a hearing before the U.S. Senate Armed Services Committee, Schmitt noted that the U.S. has failed to replenish its Strategic Petroleum Reserve (SPR) since it encouraged other countries to release their stockpiles in response to Russia’s war against Ukraine in 2022.  “Two things have happened since then. We’ve not replenished our strategic reserves. And China has an enormous stockpile now,” Schmitt said, adding that U.S. reserves were at “historically…

7 seated Trump “hush money” trial jurors include nurse, teacher and sales worker – CBS News Watch CBS News The seven anonymous members of the jury that will tackle former President Donald Trump’s “hush money” trial in New York include four men and three women. Among them are a teacher, a nurse and a sales worker. CBS News campaign reporter Katrina Kaufman reports on the recent trial developments. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On