The regulator alleges the acquisition of Mattress Firm would provide Tempur Sealy with the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers.

Richemont appointed new chief executives for its heavyweight brands Cartier and Van Cleef & Arpels, reshuffling its core jewelry division following recent management shifts at the helm of the Swiss luxury group.

The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday.

Amazon plans to launch a service focused on shipping cheap goods directly from warehouses in China as it faces growing competition from the Chinese e-commerce platforms.

Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered its guidance for the full year.

Runners say the sneaker giant has stepped back from the community, opening the door for Hoka, New Balance and others.