Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday. The price 3G Capital agreed to pay represents a 30% premium to Skechers’ current valuation on the
The House Rules Committee has advanced a bill to permanently rename the Gulf of America. Formerly the Gulf of Mexico, President Donald Trump signed an executive order that upended that as part of his America First agenda. But without congressional action, the name could be reverted by
House Minority Leader Hakeem Jeffries slammed President Donald Trump while discussing the recent chaos at Newark Liberty International Airport, saying he had ‘decimated the FAA.’ During a press conference on Monday, Jeffries took a reporter’s question about the recent delays at Newark Airport. ‘Well, it’s certainly something
Defense Secretary Pete Hegseth announced on Monday that the U.S. military will soon be seeing a dramatic reduction in the number of general officers across all branches. He called the reduction a ‘historic’ move to fulfill President Donald Trump’s commitment to ‘achieving peace through strength.’ ‘We’re going
New York Attorney General Letitia James on Monday said she is leading a coalition of 20 states in suing the Trump administration over its cuts to public health funding and the Department of Health and Human Services, describing the efforts in a press conference as
Rep. Jasmine Crockett, D-Texas, told the graduating class at Tougaloo College in Jackson, Mississippi, during a commencement speech on Sunday that they know how to ‘use a chair’ in the face of adversity. ‘There are people that are going to tell you that there is not
Israeli forces on Monday struck Yemen’s port city of Hodeidah, targeting the Iran-backed Houthis in response to ‘repeated attacks’ against the Jewish state, in particular its missile strike that nearly hit Tel Aviv’s largest airport. The Israel Defense Forces said fighter jets targeted the port city,
President Donald Trump signed an executive order on Monday banning all federal funding for ‘dangerous’ gain-of-function research in China, Iran and other countries and blocking all federal funding for foreign research that could cause another pandemic. The president signed the order Monday afternoon to improve the
A pro-Trump legal group founded by White House aide Stephen Miller is suing Supreme Court Chief Justice John Roberts — a long-shot move as Trump allies fight court rulings blocking key actions from the Oval Office. The lawsuit was filed by the America First Legal Foundation against
The White House is going after Democratic lawmakers looking to upend House GOP plans to make President Donald Trump’s Gulf of America name change permanent. The House Rules Committee, the final gatekeeper before most legislation gets a House-wide vote, is considering a bill to codify Trump’s