5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day.
Stay updated with breaking news from Colin Angle. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Here are the most important news items that investors need to start their trading day.
The e-commerce giant wanted to buy the maker of Roomba, potentially cornering the robot-vacuum market. Then regulators sounded the alarm.
IRobot said Monday that a planned deal to be acquired by Amazon would not go through — a development that caused the Roomba floor vacuum maker to announce it would now lay off 31% of its staff.
LONDON — Amazon on Monday called off its proposed acquisition of iRobot, which was facing antitrust scrutiny on both sides of the Atlantic, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles.” The companies said in joint statement that they “entered into a mutual agreement to terminate their announced
The two companies have agreed to terminate the proposed acquisition.