Blocked: A Washington federal district judge Tuesday blocked the proposed $8.2 billion merger between food distributors Sysco Corp. and US Foods Inc. The New York Times covers the preliminary injunction ruling here, Reuters here and The Wall Street Journal here. NLJ reported here on the crowd at opening statements, and here in a preview of the Federal Trade Commission’s case. “We look forward to proving at trial that this deal would lead to higher prices and diminished service for customers, including restaurants, hospitals, hotels, and schools,” Debbie Feinstein, the FTC bureau of competition director, said in a statement on Tuesday. Sysco CEO Bill DeLaney said in a statement: “While we respect the court’s decision, we are profoundly disappointed with this outcome.”
Confederate Flag Conundrum: The Confederate flag has become the target of national criticism this week as political leaders and business owners call for the public banishment of the image. The criticism comes after last week’s Supreme Court ruling that Texas can block the appearance of the flag on specialty plates, and a shooting in Charleston that killed nine African American worshippers at a church. Dylann Roof, the 21-year-old accused of shooting the members of Emanuel African Methodist Episcopal Church, posed with the flag in pictures on his website. South Carolina Gov. Nikki Haley on Monday called for the flag to be removed from a Confederate memorial on the state capital’s grounds. Other states’ leaders have echoed her sentiments. On Tuesday, Walmart, Amazon, Ebay and Sears announced a ban on the sale of all Confederate flag merchandise. And in the latest viral challenge on social media, users are urging each other to document themselves burning the Confederate flag. Thousands of people have tweeted with the hashtag #BurnThatFlag.
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