Story of the Week U.S. sets new tariffs at 10% to 12.5% on 60 trade partners The U.S. trade representative announced a wave of tariffs on dozens of economies Thursday to replace President Donald Trump’s temporary 10% tariff, which expired. Sixty trading partners, including all of America’s most important ones, will face tariffs of 10% […]
Story of the Week Rawlings Majority Owner Explores Sale at $2 Billion Valuation Private equity firm Seidler Equity Partners, which co-owns Rawlings Sporting Goods Co. with Major League Baseball (MLB), is exploring a sale of its stake in Rawlings, seeking a $2 billion valuation, including debt, sources told Bloomberg. In June 2018, Los Angeles-based Seidler Equity, […]
Story of the Week Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up Kroger said it would buy regional supermarket chain Giant Eagle in a $1.65 billion deal, strengthening its presence in the Midwest and the Mid-Atlantic region amid intensifying competition. The transaction, the first under CEO Greg Foran, is […]