The U.S. Federal Trade Commission has taken a bold stand by suing to block the $8.5 billion acquisition of Capri Holdings by Tapestry, the parent company of Coach and Kate Spade. This move has put a temporary halt to a deal that would bring together six iconic fashion brands under one umbrella: Coach, Kate Spade,
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Wyoming has received a positive outlook from S&P Global Ratings due to its healthy reserves and plans to increase permanent funds to mitigate revenue fluctuations. The AA issuer credit rating of the state has been affirmed, with a one-in-three chance of being upgraded over the next two years. This positive outlook is a result of