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The owner of Schick razors needs to close the gap with Gillette, its biggest rival. So it's turning to new blood to make that happen.Edgewell Personal Care is buying the upstart razor maker Harry's, the two companies announced Thursday. The deal values Harry's at nearly .4 billion.Harry's started in 2013 and quickly expanded by selling low-priced razors online. Edgewell, meanwhile, owns some of the most established brands in the field — including Schick, which started in 1921. Edgewell also owns Wilkinson Sword, a major European brand that has been making razors since 1898.But Edgewell trails its main rival, Gillette, by a large margin. Gillette is a unit of Procter & Gamble, and accounted for about 10% of that company's .8 billion in revenue — about billion — last year. By comparison, Edgewell reported .2 billion in revenue during its most recent fiscal year.Sales for the first six months of this year fell 7% compared to a year earlier, Edgewell reported Thursday. But CEO Rod Little told investors that the company expects revenue to rise to .7 billion in its first full fiscal year after it acquires Harry's. The deal is expected to close early next year.Little said Edgewell was drawn to Harry's success with building a brand and marketing directly to consumers."We've been talking about it for a while," he said on an earnings call. "And when you look at what Harry's has done, we've looked at that from afar for a long time," he told investors."The deal also could help Harry's cut costs. Despite its success, Little said the business is only approaching the breakeven point this year.Investors didn't immediately embrace the purchase. Shares of Edgewell fell nearly 13% in midday trading Thursday.Harry's founders Andy Katz-Mayfield and Jeff Raider will stay on to run the combined companies' US business. Raider was also one of the founders of the eyeglass maker Warby Parker. The two of them had been friends since college.Harry's is not the first razor startup to be acquired by a more established company.In 2016, Unilever bought 2083

The US announced Friday it would send additional troops to Saudi Arabia and the United Arab Emirates in response to the attack on Saudi oil facilities, which the US has blamed on Tehran.Describing the attack as a "dramatic escalation of Iranian aggression," Defense Secretary Mark Esper told reporters at the Pentagon that the troops would be "defensive in nature and primarily focused on air and missile defense" following the attacks on Saudi oil facilities attacks which Esper said "all indications are that Iran was responsible for.""Right now we're focused on helping the Saudis improve their defense infrastructure," Esper said. The administration's goal is to send a "clear message" that the United States supports its partners in the region, will defend the free flow of commerce through the Persian Gulf and demonstrate its commitment to the rules-based international order."As the President has made clear, the United States does not seek conflict with Iran," Esper said, "that said, we have many other military options available should they be necessary."New sanctionsThe Pentagon announcement came hours after 1134

Three more parents pleaded guilty in federal court on Wednesday, the latest to fall in what authorities called the largest collegiate admissions scam ever prosecuted.Gregory Abbott, founder and chairman of a food and beverage packaging company, his wife, Marcia Abbott, and Peter Jan Sartorio, the founder of a frozen burrito company, all went before a federal judge to formally enter their pleas to conspiracy to commit mail fraud and honest services mail fraud.Prosecutors said evidence included recorded phone calls and emails that show all three communicating directly with the mastermind of the scheme, William Rick Singer, to get their children guaranteed path into the prestigious college of their choice.As part of their plea agreements, prosecutors are recommending the Abbotts serve 12 months and a day in prison, while Sartorio would serve between zero and six months.Prosecutors said the Abbotts paid Singer a total of 5,000 in purported donations to his foundation to inflate their daughter's scores on both the ACT and SAT exams. Mark Riddell, who has also plead guilty for his role in the scam, corrected her test scores for the ACT in March and then for the SAT subject tests in October."Do you know how she did on her own," Gregory Abbott was heard on a recorded phone call asking, according to prosecutors. "Yeah, I do. She scored in the mid-600s," replied Singer.The Abbott's daughter scored 800 on the math portion and 710 on the literature, both scores out of a possible 800, prosecutors said.In court in Boston on Wednesday, the Abbotts they understood the scores would be corrected but did not know the details of how it would happen. "I didn't know the system. I didn't know how things were implemented," Marcia Abbott said.Meanwhile, Sartorio, a packaged food entrepreneur, paid Singer ,000 in cash to have Riddell correct his daughter's ACT exam in June 2017, prosecutors said.After the exam, Singer, who was now working with the federal government, answered a call from Sartorio and told him the Key Worldwide Foundation (KWF), the charity that fronted as a means to collect payment for the scheme, was being audited.Singer told Sartorio that he wouldn't show up in the alleged audit because he paid cash but wanted to "touch base" in case the IRS reached out to Sartorio."All I know is I paid bills that were sent to me, invoiced," Sartorio said, according to a criminal complaint.Sartorio's attorney, Peter Levitt, told the judge, "Like the Abbotts, Mr. Sartorio didn't know the details or the information about payments Mr. Singer made to other people."Attorneys for the Abbotts and Sartorio declined to comment after court.On Tuesday, two other parents appeared in court to plead guilty.Gordon Caplan, a former partner and co-chairman of international law firm Willkie Farr & Gallagher LLP, pleaded guilty to paying ,000 as part of a scheme to cheat on his daughter's ACT.Agustin Huneeus Jr., a California vineyard owner, 2978

The suspect accused of carrying out Friday's terror attack in Christchurch, New Zealand, was likely on his way to carry out a third shooting before he was stopped by authorities, New Zealand's top police official said.Fifty people were killed when a gunman opened fire inside two mosques last week. Authorities have charged Brenton Tarrant, a 28-year-old Australian man, with murder in connection with the incident. More charges are expected.Police Commissioner Mike Bush said Wednesday that authorities "absolutely" believe they stopped the suspect "on the way to a further attack.""Lives were saved," he added, but declined to go into detail to not "traumatize others."The first funerals were held Wednesday for Khaled Mustafa, 44, and his son, 15-year-old Hamza.Hundreds of people stood in solemn silence at Memorial Park Cemetery, where graves had been dug to bury dozens of victims.New Zealand Prime Minister Jacinda was back in Christchurch to offer comfort to those affected by the tragedy.She said at a news conference that the country will broadcast the Islamic call to prayer Friday on TV New Zealand and Radio New Zealand in support of the country's Muslim population."There's a sense among New Zealanders that they wish to show to the Muslim community their support, their love," Ardern said at a news conference Wednesday."But the challenge for all of us going forward is that they're safety is assured by making sure we never have an environment where violent extremist ideology can flourish. And that means addressing racism and extremism wherever it emerges.""Why do I not know what you're doing to identify the bodies?"While many family members have expressed understanding about the time it is taking to receive victims' bodies for burial, others have voiced frustration. Islamic funerals typically are held as soon as possible after death.Mohamed Safi, 23, lost his father in the attack at the Al Noor mosque. He said the authorities have not explained their process for identifying his father's body and have been slow to offer details."They're offering nothing, they're saying, 'We're doing our procedures and process.' Why do I not know what you're doing to identify the bodies?" Safi told CNN."They know that our Islam is about patience. They're testing our patience right now," Safi said.At the same news conference, Bush said that the identification process was "an absolute priority for family reasons, compassionate reasons and for cultural reasons."Ardern said she shared the frustrations voiced by the victims of loved ones, but also noted that authorities were under significant strain due to the number of victims.She said 30 of the victim's bodies have been identified and approved for release."I know the process has been incredibly difficult, frustratingly slow from the perspective of family members, but on the (other) side, I've seen those who are working on this process as well and I can also acknowledge that they are working incredibly hard too," Ardern said.'Darkest days'On Tuesday, Ardern had used 3054

There are places all over the Las Vegas region that are familiar to police. Hot spots that generate a lot of calls. Some might surprise you!KTNV in Las Vegas obtained a year's worth of data from Las Vegas, North Las Vegas and Henderson police departments to track the top locations. Data show police are responding to many of the same places every day, several times a day. As expected, some of the biggest Las Vegas Strip properties with the most traffic generate the most calls to police. The Strip is in Las Vegas Metropolitan Police Department's jurisdiction.New to the top 10 in 2,018, at number 10, is the Wynn Las Vegas with 1,064 calls. That's up from 930 calls in 2,017.Fashion Show mall moved into the top ten also, racking up 1,125 in 2018. That means LVMPD responded on average three times a day, every single day. Click each location for ranking and number of service callsThe 5th location with the most calls is Planet Hollywood at 1,312. In 4th place with 1,567, The Cosmopolitan. The 3rd location is the Bellagio with 1,646 calls. Topped by Caesars Palace in 2nd place at 2,094.And sitting at number one for the second year in a row is MGM Grand with 2,492 calls for service in 2018.While the Wynn and Fashion Show mall are new to the Hot Spots list, the Flamingo hotel and Cromwell casino dropped out of the Top 10 for locations on the Strip. LVMPD tells us the vast majority of these calls are for unspecified trouble, disturbances, suspicious vehicles and cars and theft. 1503

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