staples

Amazon exec weighs in on proposed Staples-Office Depot merger

By Diane Bartz and Clarece Polke WASHINGTON (Reuters) – An executive with Amazon.com Inc's unit that sells office supplies to businesses gave testimony on Tuesday that appeared to bolster a U.S. regulator's wariness over a …

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Amazon exec weighs in on proposed Staples-Office Depot merger

staples

Fed approves curb to future ‘too big to fail’ lending

The Federal Reserve Board on Monday approved a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG , Citigroup and others in 2008. The rule, unanimously approved by the Fed's Washington-based board in an open meeting, requires that any future emergency lending be only “broad-based” to address larger financial market…

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Fed approves curb to future ‘too big to fail’ lending

staples

FTC preparing to block Staples-Office Depot deal: NY Post

(Reuters) – U.S. antitrust regulators are preparing to block Staples Inc's acquisition of smaller rival Office Depot Inc , the New York Post reported. The Federal Trade Commission (FTC) may again delay its decision on the deal, seeking more concessions from Staples, NY Post reported, citing two people familiar with the matter. Two of the four FTC commissioners looking into the deal are believed to oppose it, the

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FTC preparing to block Staples-Office Depot deal: NY Post