Staples to buy Office Depot for about 6 billion
Staples plans to acquire Office Depot for about 6 billion dollars in a deal designed to create a 39 billion dollar annual sales business. The move ends years of rivalry as the combined chain will operate about 4,000 stores to defend against Walmart Target and Amazon in the office-supply market. Both boards approved the deal unanimously after antitrust hurdles blocked a previous attempt nearly two decades ago.
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New York
Staples
Office Depot
Wal-Mart
Target
Amazon.com
Lawyers claim Saudi aid to 9 11 hijackers supported by new evidence
Lawyers for 9/11 victims announce new testimony and sworn statements they say prove Saudi Arabia directly aided the hijackers. They cite a purported 20th hijacker and three core figures from the two federal probes, while Saudi officials call the allegations unsubstantiated.
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NEW York
Saudi Arabia
U.S
Washington, D.C
Zacarias Moussaoui
Manhattan Federal Court
al-Qaida
Osama bin Laden
Asian airlines race to fill pilot demand amid growth
Rapid regional expansion pushes TransAsia and peers to train more pilots as safety records face scrutiny after Flight 235 crash. With 58 aboard, the Taiwan collision followed AirAsia’s Java Sea disaster, underscoring Asia's booming travel boom and the pressure on crews, maintenance, and dispatch.
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TransAsia
Taiwan
John M. Cox
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Indonesia
Singapore
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Asia
France seeks counterdrone tech amid rising aerial incursions
International report notes France asks scientists to study countermeasures as drones over nuclear plants and key sites increase. China and the United States also brace for potential threats while authorities assess possible spying or weaponized use amid a White House drone incident.
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France
China
United States
Amazon
White House
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