INSIDER
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.
Possible work stoppage at Canada’s two largest railroads could disrupt US supply chain next week
Read full article: Possible work stoppage at Canada’s two largest railroads could disrupt US supply chain next weekCanada’s two largest railroads are starting to shut down their shipping networks as a labor dispute with the Teamsters union threatens to cause lockouts or strikes that would disrupt cross-border trade with the U.S. Both the Canadian Pacific Kansas City and Canadian National railroads have stopped taking certain shipments of hazardous materials and refrigerated products.
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 a Texas plant
Read full article: The largest fresh egg producer in the US has found bird flu in chickens at a Texas plantThe 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.
Union Pacific 2nd railroad to drop push for one-person crews
Read full article: Union Pacific 2nd 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.
Major closure on Commerce Street downtown this weekend due to crane removal
Read full article: Major closure on Commerce Street downtown this weekend due to crane removalThe San Antonio Public Works Department is warning drivers to find another route because Commerce will be closed from St. Mary’s Street to Soledad Street through Sunday.
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.
Watch live: Texas House and Senate holding hearings about last week’s winter storm
Read full article: Watch live: Texas House and Senate holding hearings about last week’s winter stormKey committees in both chambers of the Texas Legislature will meet Friday to continue discussing what went wrong with the state’s power infrastructure during last week’s winter storm. Committees met for more than 12 hours on Thursday to discuss the outages. Most of what they got during those simultaneous public hearings was finger-pointing.
Watch live: Texas House and Senate to hold hearings on Thursday about last week’s winter storm
Read full article: Watch live: Texas House and Senate to hold hearings on Thursday about last week’s winter stormKey committees in both chambers of the Texas Legislature will meet Thursday to discuss what went wrong with the state’s power infrastructure during last week’s winter storm. We'll be adding video of each a few minutes before they begin at 9 a.m. Central. In the Senate, meanwhile, the Finance Committee and the Business and Commerce Committee will meet to "examine extreme weather condition preparedness and circumstances that led to the power outages as directed by Electric Reliability Council of Texas." View a livestream of the Texas Senate hearing below. AdThe Senate committees will also discuss “generator preparedness and performance, utility outage practices, natural gas supply and the reliability of renewable generation, as well as overall ERCOT system resilience.”Read also:
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.
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?