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Amazon on Monday said it is calling off its proposed acquisition of robot vacuum maker iRobot, with the e-commerce giant blaming antitrust scrutiny on both sides of the Atlantic leading to undue and disproportionate regulatory hurdles. With the deal no longer happening, Bedford-Massachusetts-based iRobot said Monday it is undergoing a restructuring of its business, including cutting its workforce by 31%, or about 350 employees. It also said that its CEO, Colin Angle, has stepped down and that Chief Legal Officer Andrew Miller will act as interim CEO.The companies said in joint statement that they entered into a mutual agreement to terminate their announced acquisition agreement and expressed disappointment. Amazon will pay iRobot a previously agreed termin stanley cup ation fee, which wasn t disclosed in the statement Monday. Amazon s announced in 2022 that it would buy iRobot, maker of the circular-shaped Roomba vacuum, for $1.7 billion in cash. But the value of the deal fell 15% after iRobotincurred new debt.E.U: Anticompetitive mergerThe European Commission, the European Union s executive arm and top antitrust enforcer, hadinformed Amazon last yearof its preliminary view tha stanley cup t the acquisition of the robot vacuum maker would be anticompet stanley cup itive. While British antitrust regulatorscleared the purchasein June, it still faced scrutiny in the U.S. by the Federal Trade Commission.The European Commission did not respond immediately to a request Lyke Duke Energy pumped coal ash into N.C. river, regulators say
AUSTIN, Texas -- A Texas pastor who claimed a cake he bought from Whole Foods in Austin had a homophobic slur written on it is now facing legal action of his own from the supermarket giant. The attorneys for Pastor yeezy Jordan Brown said he ordered a cake from a Whole Foods store with the personalized message Love Wins, adidas campus but when he received it, the cake said Love Wins F**. But Whole Foods is disputing his claim. They say his accusations are fraudulent, and they intend to take legal action against Brown and his attorney. Our bakery team member wrote Love Wins at the top of the cake, which was visible to Mr. Brown through the clear portion of the packaging, Whole Foods said in a statement. That s exactly how the cake was packaged and sold at the store. Whole Foods Market has a strict policy that prohibits team members from accepting or designing bakery orders that include language or images that are offensive. Whole Foods also released the security footage of Brown checking out of the store, they say further backing their position. Mr. Brown a adidas samba dmits that he was in sole possession and control of the cake until he posted his video, which showed the UPC label on the bottom and side of the box, the statement read. After reviewing our security footage of Mr. Brown, it s clear that the UPC label was in fact on top of the cake box, not on the side of the package. Whole Foods added that they stand behind their bakery team membe