Finance

FTC sues to block Harry’s sale to Schick owner Edgewell

The Federal Trade Commission is suing to block a merger that would combine old-school shaving company Schick with upstart rival Harry’s By ALEXANDRA OLSON AP Business Writer February 3, 2020, 11:33 PM 3 min read NEW YORK — Federal antitrust regulators say a proposed merger that would combine old-school shaving company Schick with upstart Harry’s […]

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Walgreens to pay $7.5M in settlement over phony pharmacist

Walgreens will pay $7.5 million to settle with California authorities after an employee was charged with impersonating a pharmacist and illegally filling more than 745,000 prescriptions February 4, 2020, 1:09 AM 2 min read OAKLAND, Calif. — Walgreens will pay $7.5 million to settle with California authorities after an employee was criminally charged with impersonating

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Minnesota regulators give key approvals for Line 3 pipeline

Minnesota utility regulators have given key approvals for a proposed $2.6 billion crude oil pipeline February 3, 2020, 10:54 PM 3 min read ST. PAUL, Minn. — Minnesota utility regulators on Monday approved a court-ordered revised environmental review for Enbridge Energy’s plan to replace its aging Line 3 crude oil pipeline across the state, then

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Google parent Alphabet posts mixed 4Q results; profit soars

Google parent company Alphabet posted mixed fourth-quarter results on Monday, falling short on Wall Street’s expectations for revenue but beating on profit February 3, 2020, 9:16 PM 1 min read Google parent company Alphabet posted mixed fourth-quarter results on Monday, falling short on Wall Street’s expectations for revenue but beating on profit. The Mountain View,

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Mall owners among group bidding $81 million for Forever 21

A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the ubiquitous mall staple that filed for bankruptcy protection in September By MICHELLE CHAPMAN AP Business Writer February 3, 2020, 5:09 PM 3 min read A consortium of buyers, including mall owners Simon Property

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