Frozen waffles from Whole Foods join Canadian recall list over listeria concerns
Whole Foods Market is joining the growing list of brands whose frozen waffles have been recalled in Canada this week because of possible listeria contamination.
Penguin Random House announced its bid to acquire Simon & Schuster in November 2020. The deal -- combining two of the top five book publishers in the United States -- normally would have taken effect by now. But the U.S. Justice Department is standing in the way, and an antitrust trial is set to begin on Monday.
Judge Florence Pan of the US District Court in Washington, D.C. will hear about three weeks of oral arguments. The government says, in its pre-trial brief, that the publisher combo "would further entrench the largest publishing giant in the United States (and the world) and give the merged company control of nearly half of the market to acquire anticipated top-selling books from authors."
The publishers say that "after the merger, the market dynamic will be just the same" and reject the arguments that authors will suffer.
"The closely watched case holds major implications for a publishing industry that has been grappling with consolidation for years," Publishers Weekly reporter Andrew Albanese . "It also looms as a key test for the government amid growing calls for more vigilant antitrust enforcement, and in the wake of a stinging defeat in 2018 in its bid to block the massive $85 billion merger between AT&T and Time Warner."
Other publishing houses argue that the merger would be anticompetitive. But the government bears the burden of proof. "The lawsuit will test whether the government can mount more antitrust cases targeting the effects of corporate concentration on how much workers 鈥 in this case, writers of major books 鈥 get paid," the NYT's
The judge is expected to rule in November...
Simon & Schuster (which, full disclosure, was the publisher of my most recent book) is going to be sold by Paramount Global one way or another. Speculation abounds about potential private equity bidders. But for now, the buyer is Penguin Random House, and S&S CEO Jonathan Karp (who previously spent 16 years at PRH) said in a recent memo to staffers that "we, and our authors, will benefit greatly from becoming a part of this superb publishing company."
>> "Regardless of the outcome," Karp wrote, there will be a new owner, and "the best and most important thing we can do is to remain focused on achieving excellence on behalf of our authors and their books, assured in our purpose..."
>> Vanity Fair's Joe Pompeo (whose book publisher is HarperCollins, which reportedly lost out on the bidding for S&S) reports that ", power agents, and authors," including Stephen King...
>> "An appearance at some point by King, whose works are published by Simon & Schuster, will be a highly unusual for an antitrust trial and will draw wide attention," the AP's Marcy Gordon
>> Another big antitrust trial is getting underway in DC on Monday: The government is also trying to block insurer UnitedHealth Group from buying Change Healthcare. "The cases represent a conscious strategy by the Justice Department to expand the frontiers of merger enforcement,"
Whole Foods Market is joining the growing list of brands whose frozen waffles have been recalled in Canada this week because of possible listeria contamination.
Angela Salvatore had been away from her father's hospital bedside for just over an hour when she says she got a frantic call from a nurse, pleading with her to calm him down.
Many of Donald Trump鈥檚 supporters left a Michigan rally before he arrived after the former U.S. president kept them waiting for three hours to tape a popular podcast interview.
Canadian Ryan James Wedding finished in 24th place in the parallel giant slalom at the 2002 Winter Games in Salt Lake City, but the snowboarder wouldn鈥檛 go on to improve his results in Torino four years later.
The mystery of a 100-year-old letter sent from Manitoba to Ireland is slowly unraveling thanks to the work of one amateur sleuth.
As months, become weeks, become days left before this U.S. election cycle comes to an end, here's a look at what each outcome might mean for Canadian politics.
In early 2018, Amanda and Sunil started chatting, messaging back and forth on Instagram, introducing themselves and talking a little about their lives. Fast forward to August 2018, the couple got engaged on vacation in Thailand and a year later, after Amanda moved to India, got married.
Based on initial appearances, there are signs indicating the automobile industry is in healthy shape 鈥 for now.
Former New Brunswick Liberal premier Frank McKenna says if he were in Prime Minister Justin Trudeau鈥檚 shoes, at this point in the government鈥檚 mandate, he would step down.
A new resident at a Manitoba animal rescue has waddled her way into people's hearts.
Hundreds of people ran to the music of German composer and pianist Beethoven Wednesday night in a unique race in Halifax.
He is a familiar face to residents of a neighbourhood just west of Roncesvalles Avenue.
A meteor lit up our region's sky last night 鈥 with a large fireball shooting across the horizon over Lake Erie at around 7:00 p.m.
Residents of Ottawa's Rideauview neighbourhood say an aggressive wild turkey has become a problem.
A man who lost his life while trying to rescue people from floodwaters, and a 13-year-old boy who saved his family from a dog attack, are among the Nova Scotians who received a medal for bravery Tuesday.
A newly minted Winnipegger is hoping a world record attempt will help bring awareness for the need for more pump track facilities in the city.
A Springfield, Ont. man is being hailed a 'hero' after running into his burning home to save his two infant children.
Hortense Anglin was the oldest graduate to make her way across the platform at York University's Fall Convocation ceremony this week. At the age of 87, she graduated with an Honours degree in Religious Studies.