Category: Staples

Texas Oil Can ‘Lead the Way’—But Will It Be Allowed To?

Texas Gov. Greg Abbott and Texas Railroad Commission chairman Wayne Christian asked President Joe Biden to “get out of the way” and “give the green light” respectively, so Texas oil can lead the way. “Texas can drill enough oil and natural gas to keep prices low here in America and in Europe if Biden would…


Parent Convicted in College Bribery Case Asks to Remain Free

BOSTON—The head of a private equity firm and former Staples Inc. executive convicted of bribery and fraud charges for trying to pay more than $1.2 million to buy his three children’s way into elite universities asked the court Friday to allow him to remain free pending his appeal. John Wilson, 62, was sentenced last month…


Staples Offers to Buy Office Depot Owner’s Consumer Business for $1 Billion

Staples said on Friday it had offered to buy Office Depot owner ODP Corp’s consumer business for $1 billion, the latest effort by the office supplies retailer to acquire its rival’s assets. Staples offered about $18.27 per share for the business, which it said represents a premium of about 43 percent to the 30-day average…