Trump floats merging Postal Service with Commerce Department

WASHINGTON – President Trump announced Friday that he believes he is merging with the US Post Office and the Commerce Department. Trump told reporters in the Oval Office that his administration is considering a “merger” of the two agencies to improve efficiency. “We want to have a post office that works well and doesn't lose […]

Coach parent blocked from merging with owner of Michael Kors

A U.S. judge on Thursday blocked the disputed $8.5 billion merger between handbag and accessories makers Tapestry and Capri, a victory for the Federal Trade Commission in an industry where merger issues are rare. The FTC argued in an eight-day trial in New York that the merger would eliminate fierce direct competition between the top […]